Zinnia Funds
Long only, deep value, value, special situations

Catalysts Abound For GT Advanced Technologies, Above And Beyond The Google X Phone Screen

Clint Harritt, Managing Partner
Zinnia Funds

The Hype

Some hype has been circling GT Advanced Technologies (GTAT) in relation to the Google (NASDAQ:GOOG) X Phone possibly having a sapphire screen. From our perspective at Zinnia Funds, it's notable, but somewhat irrelevant since investors who follow GTAT know the company is already providing sapphire equipment for use in the smartphone and LED industries. Whether Google's specific phone has a sapphire screen or not, we know that GTAT is already involved with, and in extensive R&D for, technologies that affect smartphones. With market penetration of smartphones in the U.S. sitting at 55 percent, per comScore, and even greater internationally, the smartphone market potential is still generous.

The reality with...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details