Hutchinson Technology, Inc. (NASDAQ:HTCH)
The Company designs and manufactures suspension assemblies for hard disk drives.
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Recs
This company continues to increase efficiency in productions and cost control. The price to book is way to low. This makes for a great investment and a potential acquisition target.
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Will be a performer.Good returns.Tech stock..eady to run
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HTCH has a too low valuation compared to its sales potential. This solvent company has growing revenues and earnings at least until 2012.
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I like these guys. I think they're turining things around. They increased market share and sales and seem to be reacting well to thier challenges.
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Not likely to go far from current place. Just doing a re shuffle of chairs doesn't change overall market conditions.
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This company has gone through some hard times in the last couple of years. I do believe that the restructing will be completed soon and the share repurchase program will help the stock price rise again. I don't believe the stock will reach it's high in '05, but it should climb back into the mid-to-upper 20s with a year or so.
Recs
Oversold. Sector growth projected at 12% during 2008.
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Pinched in core business, new product line is out of core competency- totally unknown if this will lead to any growth. The demise of Cannondale as a public corporation tells me this is risky (Bicycles-> Motorsports, failed).
Recs
undervalued
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