Posts Tagged ‘technology’

Buzz Stock of the Day: Energy Conversion Devices (ENER)

Friday, March 13th, 2009

The majority of analysts that cover Energy Conversion Devices (Nasdaq: ENER) rate the stock a “hold,” and for good reason.

Market adoption for the company’s photovoltaic thin film technology is growing. The light-weight, flexible laminates are “ideal for commercial and residential rooftop and building integrated PV installations, both of which offer significant growth opportunities,” according to Raymond James (NYSE: RJF) analyst Pavel Molchanov, who has a $37 price target for ENER and projected an EPS growth rate of 25 percent over the next three-years.

ENER could also be one of the big winners from the Obama administration’s stimulus plan. New federal incentives will allow many Americans to immediately lower the price of electricity by installing solar panels on their rooftops, and recoup 30 percent of the installation costs through U.S. treasury grants.

Market sentiment for the Energy Conversion Devices’ prospects is positive, as well. According to the Motley Fool, roughly 93 percent of CAPS members were bullish on ENER, despite the fact that the company cut its June fiscal year revenue guidance from the $455 million to $485 range to a range in the low $400’s.

Shares of ENER are actually up on a trailing-12-month basis, and have outperformed the S&P 500 over the last . The Company has a 67.6 percent gross profit margin, a 7.3 percent return on equity (yoy) and is sitting on about $433 million in cash.

Buzz Stock of the day- ARAY

Thursday, March 5th, 2009


Companies with disruptive technologies always pop up on our radar. We keep a close eye on them until we start seeing some traction for their products, and then do a little more digging to see if the company has what it takes to be a Buzz Stock.

We’ve had our eye on Accuray, Inc. (Nasdaq: ARAY) for quite some time. The company’s non-invasive CyberKnife Robotic Radiosurgery System has received recognition from both physicians, and customers as of late.

On March 2, Accuray issued a news release that announced “increased interest and continued rapid growth” for CyberKnife. According to the announcement, the number of lung cancer patients treated with CyberKnife grew 52 percent from 2007-2008 in the U.S., and 43 percent worldwide. Additionally the overall number of patients treated with CyberKnife radiosurgery grew to more than 60,000 patients – a 14 percent increase from calendar year 2007 to 2008. In late February, the stock received a 5-star rating from members of the Motley Fool’s CAPS community. The Company has a CAGR of about 52 percent over the past two years and about $110 million of cash in the bank. Currently trading at around $4.00 a share, Accuray could be a good buy at these levels.

Check out this video on CyberKnife to get a better idea of why Accuray is our Buzz Stock of the day.

Buzz Stock of the day: CYIO

Tuesday, February 24th, 2009

Department of Defense contractor CYIOS Corp. (OTCBB: CYIO) announced in late December that it had completed the necessary changes business model to “decrease costs, ensure higher profits and prepare for new contract awards coming in the near future.” In that same announcement, CYIOS stated that it was awaiting new contract awards in excess of $180 million, “which will start at the opening of 2009.”

About a month later, CYIOS issued a news release projecting revenues to triple if not quadruple as new contracts execute. with EPS expected to reach $.08-$.15 by the end of the year. The Company earned $0.06 per-share last year.

Last week, CYIOS announced a comprehensive information technology support contract with the FBI valued at $175 million. The D.C.-based Department of Defense contractor will help design, develop, maintain, enhance, and provide operational support for automated systems.

Shares of CYIO traded for $0.13 as of this post.

Technology buzz stocks- CBAK, HEV and XDSL

Saturday, February 7th, 2009

Tech companies have lost their sizzle, thanks to a meteoric rise and crash, and maturity. Sure you can still make money investing in Microsoft (Nasdaq: MSFT), but you have to pick your spots–a new product launch, or big upgrade, for example.

Or buying more shares of Cisco (Nasdaq: CSCO) on weakness and fewer when the stock peaks, and making your money on dollar-cost averaging into the company’s steady 12% earnings growth, as Jim Jubak of MSN recently stated.

One of the buzz trends to keep an eye on is batteries, according to Jubak. Devices are getting smaller and more demanding. Lithium-ion batteries alone powered 50 million laptops, 800 million cell phones and 80 million digital cameras sold in 2005.

Here are a few battery buzz stocks you should keep your eye on:

1. China BAK Battery, Inc. (Nasdaq: CBAK): This company is poised to capitalize on the growing global market for batteries. Gross profit for the first quarter of FY 2009 increased nearly 50 percent, to $10.6 million, from $7.1 million a year earlier. Revenue for the quarter increased 30 percent to $68.1 million, from $52.8 million a year ago. The Company reported cash and cash equivalents of $37.2 million as of December 31, 2008, and gave revenue guidance of between $270 million and $300 million for FY2009–a 16 percent increase over 2008 at the midpoint range.

2. Ener1, Inc. (NYSE: HEV): No huge sales here–just a lot of great technology. Although the Japanese have traditionally led the battery market, Ener1 is a homegrown company with great ties to Japan. The company just announced a memorandum of understanding with ITOCHU Corporation, a highly diversified global trading company that leads the world market in distribution of specialized equipment and materials needed to produce lithium-ion battery cells. In addition to battery technology, Ener1 develops commercial fuel cell products through its EnerFuel subsidiary and nanotechnology-based materials and manufacturing processes for batteries and other applications through its NanoEner subsidiary. The company has about $18.6 million in cash, and is trading below its 50-day moving average.

3. mPhase Technologies, Inc. (OTCBB: XDSL): The company’s technologies are based on electrowetting, a unique way to store and manage power. In late January, mPhase announced that it was “getting close” to selecting a contractor to construct the company’s AlwaysReady Reserve Battery, that will be used in the AlwaysReady Emergency Flashlight. According to a recent news release, the AlwaysReady Reserve Battery is a manually activated lithium reserve cell with a minimum storage life prior to activation of 20 years. This is a promising, high-risk, micro-cap, penny stock.

Here’s a cool video on mPhase’s nano battery:

Top 10 Buzz Stocks for 2009- AAPL, AVAV, ENER, FLR, EDU, SPWRA, TER, PEP, STJ, CHU

Tuesday, January 13th, 2009

Here’s a list of the Top 10 Buzz Stocks (in no particular order) to keep on your radar in 2009:

10. Apple (Nasdaq: AAPL)– best in class in almost every category they compete in; staying power, innovation, and a lot of growth here.

9. AeroVironment (Nasdaq: AVAV)– Promising projects in wind power and unmanned vehicles.

8. Energy Conversion Devices (Nasdaq: ENER)– A company in Obama’s sweet spot.

7. Fluor Corp. (NYSE: FLR)– Major player in engineering, construction, maintenance and procurement.

6. New Oriental Education (NYSE: EDU)– The biggest college prep and English instruction school in China.

5. SunPower (Nasdaq: SPWRA)- Another infrastructure play whose technology could become a mainstay in national energy policy.

4. Teradyne (NYSE: TER)– Chips need testing. This is a company with great semiconductor diagnostic technology that is primed to benefit once the chip market bounces back. Solid balance sheet–a lot more solid than many of its competitors.

3. PepsiCo (NYSE: PEP)– PEP shares have fallen from their January ’08 peak, and are a bargain where they trade right now. The company has also been a corporate leader in the push for green technologies, and is truly a global play.

2. St. Jude Medical (NYSE: STJ)– Life-saving devices that target heart disease. Higher than expected Q3 sales, and well insulated from macro turmoil.

1. China Unicom Ltd. (NYSE: CHU)– Well insulated from global turmoil; Trading at a very low earnings multiple. The company is one of only a handful of telecom players in 31 provinces, municipalities and autonomous regions in China. CHU also provides data and Internet services. If you think China will get more connected in the next year, CHU is a great play to ride that wave.