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$SAI - nice quarter and year reported today, Recommend starting small position here

|Includes: Leidos Holdings, Inc. (LDOS)

SAIC (SAI), an engineering services provider, said EPS rose 16% to 36 cents, beating views by 7 cents. Revenue grew 3% to $2.77 bil, in line. SAIC sees full-year EPS of $1.35-$1.46, bracketing views for $1.42. Shares rose 0.2%.

-source, Investors Business Daily

I like this company

Why?

1) looks cheap here
2) looks like it might be starting an uptrend
3) tons of free cash flow yet they just took out alot of debt which means they believe they have a good use for it planned
4) Relative Strength Line up
5) good volume on breakout today
6) relatively low Instituional Ownership at 41%
7) Strong Return on Invested Capital for year ended January 31st, 2011 reported today @ 21.4%
8) stock buybacks

Recommend starting a small position