Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

You might be smart to buy Smart

|Includes: SMART Modular Technologies (WWH), Inc. (SMOD)

I added Smart Modular Technologies (NASDAQ:SMOD) to the Barchart Van Meerten Speculative portfolio.  Smart is a leading independent designer, manufacturer and supplier of value added subsystems to original equipment manufacturers, or OEMs. Its subsystem products include memory modules, embedded computing subsystems and thin film transistor liquid crystal display, or TFT-LCD, products which it offers to customers worldwide. It success is derived from a customer-focused approach characterized by a commitment to quality, advanced technical expertise, fast time-to-market, build-to-order flexibility and high quality customer service.

The stock hit 17 new highs in the last 20 session including 5 in the last 5.  The price has increased 28.83% last month and trades around 6.22 well above its 50 day moving average of 5.37.  The 14 day Relative Strength Index is 70.54% and still rising.

I want you to look at these Wall Street brokerages projections of sales and earning increases -- they are not typos.  There are 5 buy reports published and the consensus on sales increases are 56.20% this year and 24.90% next year.  Hold on to your hat for a 1925.00% increase in EPS this year, 14.50% next year and a 5 year annual compounded growth rate of 21.50% for the next 5 years.

Fools like this stock with the Motley Fool CAPS members voting 322 to 20 and the All Stars voting 115 to 3 that the stock will beat the market.. articles about the stock are positive 10 to 1.

Jim Van Meerten is an advisor to Marketocracy Capital Management who uses his model portfolios not only to manage their mutual funds but also their clients Separately Managed Accounts. You can read his blogs about those model portfolios and investing here and on Barchart Portfolio Blogs. Please leave a comment below or email

Disclosure: Jim Van Meerten through Marketocracy Capital Management has an interest in the stocks mentioned in this blog.