Hurco Companies, Inc. (NASDAQ:HURC)

The right place right time

technology company in a blue collar industry is right up my alley

HURC has shown tremendous growth of late.
Their product - increased precision, better manufacturing - is geared toward the future.
Undervalued because of income tax finally catching up to them, hurting YOY comparisons.

One of my favorite undiscovered micro cap companies. Continue to show strong growth in profits and revenues but have not been rewarded with an appropriate multiple. The market hasn't realized that the fundamental business has drastically changed from a simple, cyclical business to one driven more by technological innovations.

Helping the big and clumsy be smaller and nimble.

This is a very small company in a boring (or at least out of the public eye) industry. They are a technology company however and supply the machine tool industry with a strong line of innovative products. They haven't really been discovered by Wall Street yet because of their size. My feeling is that will change as they grow and become recognized, and with it will come an expanded multiple, more in line with the larger players in the industry and in recognition of their solid growth and profitability metrics. They are expanding rapidly in Asia and have made it a priority. They have produced a string of well-received new product offerings that have allowed them to expand their market. My feeling is that the global expansion should partially mitigate the perception that they are a cyclical tied closely to the health of the manufacturing sector. This should also boost the multiple the market is willing to pay. They have been a double for me over the last 18 months and I think they still have room to go. They still sport a trailing P/E of less than 10 and are continuing to show growth. They have used up their NOL tax breaks and earnings comparisons are deceiving if you don't dive deep enough into the numbers. Outperform.

Awesome little company with great hope.

tech that makes sense.

Cad assistted metal working is a total growth market. The day will come when the architeict draws it and a machine will make an absoulutely perfedt building with no one in the middle to fuddle it up.

If I was Tom or Bill this would be a hidden gems canidate. It currently looks to be a great buying oppportunity!

Solid balance sheet, ~$4/share in cash, P/S of 1.2, P/CF of 11.9, what's not to like? Doesn't seem as if growth has been factored into its P/E as of yet.

The only thing standing in the way of continued growth for Hurco is a global recession. This company is so well positioned for exploitation of emerging market manufacturing enterprise because its products are both state of the art, and small scale appropriate for all the buddiing entrepreneurs who want to do fine work.

Innovative industry, top technology, tons of cash to work with

This outstanding machine building co. took a hit in price for no good reason qt. before last that scared investers. The last report was steriling but stock price recovered very little. This co. operates on good margins and is expanding in europe and asia big time. I expect good things for this co. for years.

Will benefit from continued expansion overseas

Wish that I could have recommended this to CAPS when I bought it, at $14....

very successful at last years tool show.
solid growth not reflected in p.e.

Demand still seems strong, yoy comparisons will look MUCH better soon.

What is not to like here? Growth, earnings, virtually no debt, and a rediculously low P/E. I bough HURC last October at around 15 and sold at around 29 in February. Looks like we are again set up for a huge year-end earnings report and should blast past $40 by early "07. And this time I'm predicting HURC will get some respect going forward.