Mattson Technology, Inc. (NASDAQ:MTSN)
The Company designs, manufactures and markets semiconductor wafer processing equipment used in 'front-end-of-line' and 'back-end-of-line' fabrication of integrated circuits to the semiconductor manufacturing industry worldwide.
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It is expected to make earnings like it used to but the price is still way, way down but rising fast. Look up its past rolling EPS and price and compare it to its forcasted earnings and current price.
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Stox sale @1.80.
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semiequip2011
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Beaten down recently this share price is poised to rise in better quarters ahead.
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Mattson's growth potential going into next year looks very attractive. Over the last year they have incresed the size of their product line to make them a competative semiconductor supplier. They just recently had a repeat order from a leading semiconductor supplier and while reading the most recent conference call, the forecast continues to look good. they should be back to profitability in 2011. I see this stock at $5 early next year.
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Manufacturing products for electronics, I can see will be in even more high demand then it already is as more and more products come out. We all know that these new products are going to be electronic whether they are toys in the shape of dolls or video games, electronics are here to stay, and for a company that is still growing and is a leader in semiconductor and manufacturing of semiconductor equipment I think this company is here to stay aswell.
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Good Company
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Oversold. Expect the stock to reach $7.50+ in the next few months.
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Will outperform, but needs change in management to be a hidden gem.
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PEG ratio 0f 0.43 and projected earnings growth of 40%
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No debt, looks to be turning the corner as far as profitability is concerned. P/E is lower than industry average, and has a wonderful PEG ratio of .35
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$20M buyback just announced
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Hidden gem type stock with growing revenues & profits.
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