Avnet, Inc. (AVT)
The Company, together with its consolidated subsidiaries is an industrial distributor of electronic components, enterprise network and computer products and embedded subsystems.
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Company has moved very well through the crisis. They have been able to win market share from weaker competitors. Management is agile and focused on expansion to China and into higher margin bussinesses. Company is awash in cash with little debt. Should be able to master part two of the continuing crisis and come out as a winner.
Category: PV
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This company has been through some changes. The fundamentals are strong and the customer base has hardly been affected. It will ride the waves of the stock market but it will eventually rise above its 52 week high.
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like many stocks, this has been beat up, but it will rebound nicely with the tech sector.
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Buy the leaders not the laggards. Fundamentals are strong.
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Great low PE growth opportunity, priced too low for what it will generate in the future, electronic and computer components will always be strong, and companies will always need to make improvements in this area. Good time to buy in when it is beaten down and unnoticed.
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Avnet is a major supplier to companies like Honeywell and other aerospace and electronics players. Many of AVTs customers aren't badly affected by the consumer downturn, so AVTs exposure to the overall weakness is fairly limited. Their training, services, and hardware are invaluable in many cases. While they missed earnings by about 4 cents, that doesn't seem too bad given the current environment. They ARE still growing, just not as quickly. Meanwhile, the share price has been driven down unreasonably on perceived weakness. A stock with earnings & growth like AVT does not deserved to be priced at book. It can only go up from here, IMHO.
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Nowhere to go but up.
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Testing a portfolio of companies that start with the letter "A".
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Benjamin Graham screen.
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Looks like a good investiment appears to be undervalued in current market.
Disclosure: I own no shares of this stock.
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had a great run but can't break through ceiling
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should soon correct to downside in tough market niche
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everything right, but management effectiveness. erngs070604.xlsx
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best in breed
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IBD 100 Top 25, 4/14/2007
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AVT is in a strong sector and has performed well YTD
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Strong earnings with a low PEG ratio. There is little risk and a great deal of upside.
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I figured I would try an experiment by tracking a stock solely based on the Fool Ratio Valuation Tool, using the following parameters for a screen: 1.excluded the following industries(airlines,banks/brokerages,leasing,mortgages,oil-drilling,real-estate) 2. PEG <.65 3. 20% est annual EPS growth 4. Small and Mid caps 200M-5B; This was one of the finalists, we'll see how powerful this is for the bulls!!...ceteris paribus
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solid earner

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