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Fuel Systems Solutions: Fill Up Before 3rd Q Earnings, You'll Be Happy You Did!

|Includes:Fuel Systems Solutions, Inc. (FSYS)

Piper Jaffray just upgraded FSYS to a buy and placed a $24 price target. I agree, because the company will easily be able to exceed eps estimates of 6 cents and sales of $99 million when it reports in two weeks. The fact is, FSYS management is smart enough to sand bag estimates ( in effect, under promising in order to over deliver). Look for FSYS to come in at $103 million on the top line and .09 on the bottom line- this beat will send the shorts scurrying to cover and MOMO players jumping in for a nice 10-15% instant rally.

Disclosure: I am long FSYS.

Stocks: FSYS