Vicor: Planned Revenue Growth Of 3X In 5 Years, Powered By New Products
- I am initiating a price target of $26.00 on VICR. The current price is around $8.00.
- I expect explosive earnings growth estimates of $0.52 in 2015, $1.10 in 2016 and $1.73 in 2017.
- With tremendous leverage in Vicor's earnings model, the operating margins are expected to return to 20%+.
- Vicor is supplying parts to a leading data farm (cloud) company.
- Vicor has significant insider and company buyback of stock.