Nam Tai Electronics, Inc. (NYSE:NTE)
CAPS Rating:
An electronics manufacturing and design services provider to a select group of the OEMs of telecommunications and consumer electronic products.
An electronics manufacturing and design services provider to a select group of the OEMs of telecommunications and consumer electronic products.
Recs
2009 was a tough year for Nam Tai but the company has recovered to nearly full health. The simpler reporting structure and operations should keep the machinery running smoothly, and the company is run in a tremendously shareholder-friendly fashion: Nam Tai hasn't diluted its stock significantly since 2007 and we already talked about the dividend policy. This Chinese tiger cub managed all this at a time of waning consumer confidence on a global level -- just imagine what happens when that secular trend turns around.