Alan Brochstein, CFA
Contrarian, growth at reasonable price, management change, cannabis stocks

National Instruments Quietly Revolutionizes How We Test, Measure And Control

National Instruments (NASDAQ:NATI) has disappointed investors over the past two quarters and has pretty much sat out the big rally of 2013, up just 6%. While earnings have disappointed, the long-term prospects are quite positive for the company, and investors interested in unique companies that are in the early innings of transforming the way things get done should spend time now getting to know NATI in my view. I don't see any urgency, but I expect over the next year the stock can trade to $36.

Background

Based in Austin, Texas, NATI was founded in 1976 and went public in 1995. The company serves engineers and scientists with its integrated hardware and software solutions, with more than 35K...

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