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Inflection Point Investing LLC
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Inflection Point Investing LLC is a Brooklyn-based Registered Investment Advisory firm serving high net-worth individuals and institutions. IPI offers managed account services, focusing on a diversified portfolio of companies experiencing important inflection points in their business models and... More
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  • RIDE STEC TO A 25% GAIN! 0 comments
    Apr 9, 2009 4:18 PM | about stocks: STEC

     

    The semiconductors appear poised to be one of the first groups to lead the market out of the bear.  STEC Inc. is a semiconductor name with “future leader” written all over it.

    The company manufactures one of the hottest chips currently available for the solid state drive (SSD) server market. SSD’s are the next wave of hard disk drives (HDD) and STEC’s chip, Zeus Apollo, has a 9-12 month lead over competitor, Intel Corp.

    Earnings are poised to grow 50% for 2009 and 2010 and the stock currently trades for 11x 2010 estimates. 

    A look at the chart below demonstrates the recent strength in STEC, as it has already doubled from its lows. Nevertheless, I believe the stock could hit the $12 mark by year end.

     


     

     

     

     

     

    FULL DISCLOSURE:  I currently have a position in STEC and am adding to it at these price-levels.

     

     

    Themes: Semiconductors, SMH, SSD Stocks: STEC
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  • INFN should run with a push through $12.30. UTHR will complete its bottoming formation with a close above $57. NTAP getting ready also.
    Oct 13, 2010
  • INFN downgrade by Jefferies is a non-event. Buy the pullbacks. Same goes for OCLR and FNSR. Buy the entire optics group on pullbacks..
    Oct 4, 2010
  • CHTP: On the 5-year chart, if it clears 7.30 on a closing basis and then 8.4, you are looking at a stock in the mid-teens by year-end.
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