Avocent Corp (AVCT)
The Company designs, manufactures, licenses, and sells software and hardware products and technologies that provide connectivity and centralized management of information technology infrastructure.
Recs
This is a "southern" stock that has performed well over the years. I think they will do well in the next five years with hardware renovations.
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Had them on my watchlist because of good ROA ROE P/BV P/E P/S PEG BETA etc. moved them to the scorecard list since they are gaining quite nice.
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down $6 to $13
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Good management; good customer list; although IT spending is soft, it should continue to grow; and not to mention a possible short squeeze.
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Unsexy but operating in a critical arena when you consider the importance of managing IT systems remotely with the ever increasing move towards mobile computing. Clever acquisitions this year should start to pay-off in 2007.
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needs bz change to exceed current range
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Top CAPS stock and a play on the book a Random Walk down Wall Street.
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?Exposure to businessIT/CAPEX/Communications spending
? Solid balance sheet and very strong cash flow generation
? Leader in several of its markets
? Decent growth prospects given several recent acquisitions
?Thin Wall Street analyst coverage
Recs
AVCT relative strength is higher than S&P and got punished too harshly. Good value .

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