White Electronic Designs Corp (WEDC)
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.
Recs
Stock screen - oversold
Recs
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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