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Dolby Laboratories develops and delivers innovative products and technologies that make the entertainment experience more realistic and immersive.
I originally bought DLB in September when it dropped to @$55. I bought it on a dip and thought my timing was good because within a few weeks, it was up about 30%. And then, I watched the price drop, so I bought more.... and then it dropped.... and then I bought more. This is a solid company that has managed to imbed itself into so much of everything that we use on a regular basis that we almost forget its there, that is until earnings are reported. That's when we look at every analyst that's ever downgraded this company and wonder what the hell were they thinking? They have consistently, and I mean CONSISTENTLY outperformed every earnings season that I can remember, and by at least by an average of 25+% or more. DLB is a winner and if you don't get in now, you might end up scratching your head later wishing you had the gains that you would have had, not to say that $70 or $80 wouldn't be a good price, but your missing out on a huge discount now at $47-$48.
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