S. Michael Mandala

NAPCO Security: Slow And Steady Wins The Race

NAPCO Security (NASDAQ:NSSC): A steady rise in revenues and gross profit margin should result in $1.00 earnings per share for this company within the next three years.

Since 1969, NAPCO Security Technologies has been providing commercial and private security solutions in the United States and abroad with a comprehensive product line that includes electronic locking devices, intrusion and fire alarms, and building access control systems. NAPCO sells its products to over 15,000 independent dealers and private label security companies.

(click to enlarge)

The majority of NAPCO's products are sold within the United States with less than 10% of sales accounted for by foreign sources. Even with a small global market share, NAPCO's product line is heavily represented in...

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