FLIR Systems, Inc. (FLIR)

1/70 in Electronic Equipment & Instruments -(79.1 @ B+/A+)

Exciting market. David vs. Goliath

superior tech expertise

growth industry

One of the best defense companies around. It has terrific fundamentals. ROE of 28.67%. Cash of 169.94M, debt of 207.68M.

FLIR system is a company that produces quality products for a variety of different industries. They have strong financials and good revenue outlook. They do a lot of business in the defense and security areas which is a strong plus with this technology. Everytime a new product comes out with higher resolution, smaller weight/size, and longer life on batteries or smaller power source the government will have to upgrade less they fall behind other emerging military powers. This is one of the technologies that those serious about defense and security cannot lack. I have seen the technology and every time a new product using their imaging comes out it just gets better and better. Strong perfomer in the future.

Excellent EPS Growth. Products used in a variety of ways. I got to see one in action the other day when inspecting my basement for water damage.

This stock has shown a major increase this year and appears to continue it's pace in growth.

Homeland security will continue to order more scanning devices.

with a small amount of dept and a good backlog and constantly adding new contracts I feel this stock has a bright future

FLIR has had steady growth with strong financials over the past several years. It is the leader in a niche market. It has bounced off its low and broke through its 200 day MA.

Guessing again!

PEG is 1.77, gross margin 59%, company makes money in a high growth sector. Sell when margins hit industry standard.

Our company has personelly purchased products from this company. We use their test equipment everyday. They have a great customer service staff.

The usage of infrared systems will only increase as time goes on. More and more public safety agencies at the local level are purchasing helicopters. The California Department of Forestry is being pushed to start flying at night. Etc. Etc.

Dark and scary out there. ;-)

Excellent fundamentals in an industry that's down right now but should improve over the next year.

This is not bargain priced, but the potential for revenue growth, increased EPS and profits, profits, profits are too great to pass up.

In 1Q 2008, FLIR totaled just short of $237M in revenue, up almost 50% year over year. EPS growth over the last year is at 35%. Their ROE is an efficient 21% and their net profit margin is north of 17%.

Most importantly, FLIR has a record backlog of work, and is likely to keep blowing past analysts' expectations. We may see healthy growth in profits here for the foreseeable future. Outperform.

The market for thermal and infrared is on the rise. This company has seen profit so far and will continue to improve.