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$6.11 -0.44 (-6.72%)
12/4/2008 4:00 PM

STMicroelectronics N.V. (ADR) (STM)

CAPS Rating:
***

A semiconductor company that designs, develops, manufactures and markets a range of semiconductor products used in a variety of microelectronic applications.

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Avatar Rep07 (96.61) Submitted: 2/13/08 1:24 PM : Outperform Start Price: $12.15 STM Score: 1.07

Near 52-week low, selling just above book value, 2+% dividend, 10 billion revenue, components in Iphone and similar devices, promising product pipeline; should be attractive to large funds looking to deploy a lot of cash into large, stable, dividend-paying companies with good prospects. Therefore, at this level, stock is a buy with a 1-year horizon, expecting share price recovery to $15-20 range in that timeframe.

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