Seeking Alpha
Editor's notes: An expert on IMMR cites recent agreements, product launches as signs advanced haptics is reaching widespread adoption. Could mean another 40% upside for a stock that's already doubled YTD.

Immersion Corporation (IMMR) has recently reached an important inflection point, having delivered its best quarter ever. Even more important, management guidance for 2013 implies revenue growth comprised between 37% and 49% - and it might actually prove to be conservative, as we will discuss later on.

Since we wrote our PRO article "Immersion Corporation: Profiting From The Touch Screen Revolution" the stock has basically doubled, prompting the question of whether the company is still worth holding.

We'll start with a quick analysis of Q1 2013 results, to move on to discuss why we believe that the story may still deserve consideration, especially if you are an investor with a long-time approach.

First quarter highlights

Total revenue...

Only subscribers can access this article, which is part of the PRO research library covering 3,775 different stocks.
Growing numbers of fund managers and other investment professionals subscribe to Seeking Alpha PRO for equity research that is unavailable elsewhere, so they can: