InvestingPennies.com

Ceradyne: Why the Low Valuation?

While we at InvestingPennies.com concur with your assertion that Ceradyne (CRDN) is undervalued at its present value, we believe it's a far stretch to fully associate it as an alternative energy play. With the majority of current revenues coming from armor sales, Ceradyne may have its hands dabbled in other industries but it will continue to be focused as a defense manufacturer. If the Bull is picked up as anticipated, even more so will CRDN reflect its armor-centric strategy.

Ceradyne Offers Example of Risks/Rewards of a Put-Write Strategy

We retain a bullish outlook on Ceradyne, Inc. (CRDN). Since our recommendation of the company on March 11, 2008, CRDN has accounted for a 30.07% return as of April 25, 2008. You can see our recommendation for CRDN here:

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