Novatel Wireless, Inc. (NASDAQ:NVTL)

CAPS Rating: 3 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.

Recs

1
Player Avatar MarksEmporium (< 20) Submitted: 5/7/2009 5:00:14 PM : Underperform Start Price: $9.50 NVTL Score: +187.94

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 (45.35) 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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