TTM Technologies, Inc. (NASDAQ:TTMI)

CAPS Rating: 4 out of 5

The Company is a one-stop provider of time-critical and technologically complex printed circuit boards, which serve as the foundation of sophisticated electronic products.

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Player Avatar Seansonfire (38.31) Submitted: 2/16/2011 11:01:13 AM : Outperform Start Price: $17.49 TTMI Score: -37.16

TTM Technologies has become one of the leaders in Printed Circuit Boards (PCBs) for advanced devices; specifically
tablets, phones, and other handheld devices. They have just raised Q4 guidance which they report on Feb. 15, so we need to get in before that date, as I suspect they will raise 2011 guidance as well which
will no doubt increase the stock price. It was also recently reported in DigiTimes that TTM has been selected to supply Apple with the PCBs for the IPAD 2 (http://seekingalpha.com/instablog/521936-eps100momentum/135525-ttm-technologies-reported-supplying-pcbs-for-apple-s-ipad-2) [you need to be a member of DigiTimes to see the
actual report]. This is not confirmed but if it is true it will yield a huge upside for the stock. A lot of this is already priced into the stock as you can see it has risen significantly over the past 3 months, but I think if it is all true there is still tremendious upside, and if not it still shows strong growth as others try to compete for the new tablet market they will need these high level PCBs.

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