An electronics manufacturing and design services provider to a select group of the OEMs of telecommunications and consumer electronic products.
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Yeah, business is lousy, sales have plummeted, management is a big question mark. But guess what-- they still have a great balance sheet and will survive this storm, and will be poised to generate lots of cash in the next up cycle. You buy these kind of companies when things look the worst and you sell them when business is going great.The kicker is that this company pay a regular dividend, and a big one at that. They could slash it in half and it would still be a huge dividend, and they have the cash to pay it either way.Buy it at $5 and close your eyes for a couple years.