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Jim Van Meerten
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Jim Van Meerten is an advisor to Marketocracy Capital Management and writes on financial subjects here and on Barchart Portfolio Blogs and Seeking Alpha. He earned a BS in Accounting and Business Administration from Berry College; a Juris Doctorate from the Woodrow Wilson School of Law; and... More
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  • Virtual Imaging Technology is hot 1 comment
    Jan 11, 2011 2:34 PM | about stocks: EMAN

     This morning I added Emagin Corp (NYSEMKT:EMAN) to the Barchart Van Meerten New High portfolio.

    eMagin Corporation is a leading developer of virtual imaging technology, eMagin combines integrated circuits, microdisplays, and optics to create a virtual image equivalent to the real image of a computer monitor or large screen TV. These miniature, high-performance, virtual imaging modules provide access to information-rich text, data, and video which canfacilitate the opening of new mass markets for wearable PCs, wireless Internet appliances and mobile phones, portable DVD-viewers, digital cameras, and other emerging applications.

    The recent price momentum with 16 new highs and a price increase of 58.33% in the last month has earned the stock a 96% Barchart technical buy signal.  With a rising Relative Strength Index of 82.36% it recently traded around 7.38 with a 50 day moving average of 5.18.

    There is only one Wall Street brokerage following the stock but that analyst has a strong buy recommendation.

    General investor sentiment as measured on Motley Fool has the CAPS members voting 48 to 3 that the stock will beat the market and the All Stars agree 13 to 2.


    Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs.  He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.
     


    Disclosure: I am long EMAN.
    Stocks: EMAN
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  • PartyINaBag
    , contributor
    Comments (17) | Send Message
     
    I am also long Eman. You should check out NXPI, their behind the NFC chip.
    21 Jan 2011, 10:12 AM Reply Like
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