OmniVision Technologies, Inc. (NASDAQ:OVTI)

CAPS Rating: 5 out of 5

The Company designs, develops, manufactures and markets semiconductor image sensor devices.


Player Avatar Jeffrey2012 (< 20) Submitted: 11/17/2011 12:31:38 AM : Outperform Start Price: $14.46 OVTI Score: -3.70

A value play. It's trading below book value and is incredibly cash rich. Not to mention generating tons of cash. However, the only thing I do not like about this company is the way they keep diluting the shareholders with increasing share sales. But since almost their entire market cap is in cash: 506 million of 774 million market cap doesn't make me worried about this company going out anytime soon. Their business hiccups with the iphone 4s does not mean they won't have anymore business. Now, if they reported that they have been shut out of apples business period for the future, then I'd be concerned. Even so, a position here is almost without risk since it's buffered by so much cash.

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