$4.39 0.08 (+1.86%)
11/23/2009 4:00 PM

White Electronic Designs Corp (WEDC)

CAPS Rating: 5 out of 5

The Company designs, develops and manufactures innovative microelectronic and display components and systems for inclusion in high technology products for military, industrial and commercial markets.

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Recs

0
Member Avatar jlmjlm77 (99.80) Submitted: 6/22/2009 8:31:29 PM : Outperform Start Price: $4.54 WEDC Score: -27.75

Stock screen - oversold

Recs

2
Member Avatar LouisWinthorp (< 20) Submitted: 5/26/2007 1:44:27 AM : Outperform Start Price: $5.97 WEDC Score: -3.58

I have always liked this company. They are well managed and have a steady record of adjusting as markets change...growth has been erratic at times but they do have a growing cash pile and no debt. They instituted a share buyback program, which should help put a floor on the stock. WEDC seems to trade in a channel from $4.50-7.00..I've swing traded it a few times within that range (buy in the 4s and low 5s, sell in the 6s)...if they show consistent growth and/or EPS, through sales performance/cost management and increases in share buyback, they could really make a run at breaking the resistance at $7 which could clear the way for another run at double digits.

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