Novatel Wireless, Inc. (NASDAQOTH:MIFI)

CAPS Rating: 2 out of 5

The Company is a provider of wireless broadband access solutions for the mobile communications market. Its products include wireless data modems and software for laptop PCs, embedded wireless modules for original equipment manufacturers.


Player Avatar MarksEmporium (< 20) Submitted: 5/7/2009 5:00:14 PM : Underperform Start Price: $9.50 MIFI Score: +187.04

passed 10 of 11 tests; CAPS 230/21 (3*); chart up since Dec; highly vulnerable wireless industry; PEG too high: 5.72 v. 2.0; headlines tout Kindle - dependence on overpriced specialty product; Barrons, JPM advise exit; negative margins, returns; mean analyst reco 3.3 (hold - underperform); target 5.94 vs current 8.61

Member Avatar briansal (48.31) Submitted: 9/11/2009 7:43:12 AM
Recs: 0

I think that you should "cut your losses" and retract your underperform rating now. This stock is up 33% this week and set a new 52-week high yesterday; few stocks can match that.

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