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Top 5 Stocks for December 2008
WOO-DOGGY!
Would you like some volatility to go along with your morning coffee?
Since I last came out with my top 5 stocks for November, the market’s gyrations have certainly put everyone on edge, and make buying stocks at this juncture definitely not for the faint of heart, or those with very short term investing time frames.
I recently wrote that now was a fantastic time to buy shares of companies you have been watching and where the fundamentals present an excellent risk/reward scenario.
My watch list is no different, and this month I have a broad range of stocks that I am looking at for possible inclusion into the PeakStocks.com portfolio.
These stocks enter and exit my Top 5 as constant fluctuations in both price, market conditions, and business fundamentals constantly alter the investment thesis.
Please note that my Top 5 Stocks for December aren’t yet formal recommendations.
I have more due diligence that I have to perform on them, but they are compelling enough with the research that I have done to be at the absolute top of my list, at least as of this writing.
Top 5 Stocks for November 2008
It’s been another incredible month for stocks, and especially for those on my watch list.
With rare exception, stocks of all shapes and sizes are getting pummeled and are presenting us with great buying opportunities for those with a long term investment horizon.
I recently wrote that now was a fantastic time to buy shares of companies you have been watching and where the fundamentals present an excellent risk/reward scenario.
My watch list is no different, and this month I have a broad range of stocks that I am looking at for possible inclusion into the PeakStocks.com portfolio.
These stocks enter and exit my Top 5 as constant fluctuations in both price, market conditions, and business fundamentals constantly alter the investment thesis.
Today I wanted to give you a heads up on some of the stocks that I was watching for possible inclusion into my portfolio, specifically ones that are high on my list, and most likely to be added as formal recommendations in the weeks to come as they reach desirable price points, and present wonderful opportunities for long term investors.
Please note that my Top 5 Stocks for November aren’t yet formal recommendations.
I have more due diligence that I have to perform on them, but they are compelling enough with the research that I have done to be at the absolute top of my list, at least as of this writing.
AuthenTec Q3/2008 Earnings: Not Horrible, Still a Hold
AuthenTec (NASDAQ: AUTH), the world’s leading provider of fingerprint sensors and solutions to the PC, Wireless and Access Control markets, released their Q3/2008 earnings and held their analyst conference call Thursday, October 30th after the market closed.
After the mid-quarter update that AuthenTec abruptly held, there were many questions that needed to be answered about AuthenTec’s business going forward.
While Q3’s results were ahead of expectations, AuthenTec’s guidance for Q4, coupled with their already lowered guidance for all of 2009, inclusive of a significant customer loss, still call into question whether or not AuthenTec has the viability and products to succeed without being folded into another company as part of a larger pie.
However, that being said, AuthenTec’s earnings release and subsequent conference call where decidedly upbeat in relation to their previous mid-quarter call announcing a significant customer loss as well as lowered guidance.
What follows is a summary of AuthenTec’s earnings announcement, conference call highlights, and my take on the company’s latest quarter and results, and what you should do if you own AuthenTec.
AuthenTec Earnings Preview: Now What?
Yuck.
That’s all I can say about AuthenTec right now…
After shocking the market a on September 8th with a mid-quarter “business update” the stock has cratered and sits now about 80% below previous levels.
At these prices the stock is trading below its cash on hand, and is priced for ultimate failure.
Is this warranted? Should we dump the stock now and get something instead of nothing, or is there a sliver of sound reasoning behind keeping shares for the short term?
Today we’re going to preview PeakStocks.com portfolio recommendation AuthenTec Inc. (NASDAQ: AUTH), which will be announcing their third quarter earnings and hosting their analyst conference call after the market closes on Thursday October 30, 2008.
In this post I’ll go over the important aspects that we need to be aware of before they announce earnings and then break them down into the following parameters:
- What went right in the quarter: What were some of the positive developments that occurred within the company in the last 3 months.
- What went wrong in the quarter: What were some of the negative developments that occurred within the company in the last 3 months.
- What I want to see: All things considered, what I realistically want to see from the company as it relates to their business.
- What we need to see: At the minimum, what we need to see for our investing thesis to still hold and an investment in this company to be prudent.
- What we’ll probably see: After weighing what’s been going on for the last 3 months, what we can realistically expect when they do announce their earnings.
- Bottom Line: What it all means, and what you should do.
Top 5 Stocks for October 2008
The tumultuous market has continued to beat down stocks of all shapes and sizes.
This is great news for those of us waiting on the sidelines to put new capital to work.
This month I have a broad range of stocks that I am looking at for possible inclusion into the PeakStocks.com portfolio.
These stocks enter and exit my Top 5 as constant fluctuations in both price, market conditions, and business fundamentals constantly alter the investment thesis.
Today I wanted to give you a heads up on some of the stocks that I was watching for possible inclusion into my portfolio, specifically ones that are high on my list, and most likely to be added as formal recommendations in the weeks to come as they reach desirable price points, and present wonderful opportunities for long term investors.
Please note that my Top 5 Stocks for October aren’t yet formal recommendations.
I have more due diligence that I have to perform on them, but they are compelling enough with the research that I have done to be at the absolute top of my list, at least as of this writing.
AuthenTec - Downgrade to HOLD: Significant Customer Loss, Disturbing Business Trends
They say that good things come in small packages.
While that might be true of AuthenTec’s fingerprint sensors, it sure wasn’t true with the nice little “Business Update” that AuthenTec provided on Sunday evening or their nice little share price after the close of today’s market.
AuthenTec (NASDAQ: AUTH), the world’s leading provider of fingerprint sensors and solutions to the PC, Wireless and Access Control markets, dropped a bombshell on all of us late Sunday night in announcing that they were lowering Q3/2008 and full year revenue and earnings forecasts, as well as announcing the loss of a customer that will represent over 35% of their revenue in 2008 and 2009.
In addition, AuthenTec held a conference all with analysts on Monday morning before the market opened to discuss the lowered forecast as well as the customer loss, in what is a highly unusual occurrence, which shows the severity of the situation.
Needless to say, Wall Street was none too pleased sending shares down over 60%, and frankly, neither am I.
What this calls into question now is our investment thesis.
Has it changed such that an investment in AuthenTec is no longer warranted?
What follows is a summary of AuthenTec’s “Business Update”, conference call highlights, and my take on the company’s future prospects, and my investing thesis.
BUY ALERT: AuthenTec (Nasdaq: AUTH) BUY 1/4 Position 8/4/08 Around $7.50
The market didn’t take to kindly to PeakStocks.com portfolio recommendation AuthenTec’s (Nasdaq: AUTH) latest earnings release, sending shares precipitously lower in the days following what were largely stellar earnings from a rapidly expanding up-and-coming company.
The good news for us, is that this presents us an excellent opportunity to add shares of AuthenTec at discounted prices and further cost average our total position.
If you haven’t already, it’s time to put some money to work in shares of AuthenTec.
I don’t know when shares will stop their recent slide to new all-time lows, but one thing I am certain of: AuthenTec is a cutting edge company that continues to execute in an otherwise wickedly negative marketplace and in the face of continued consumer doldrums.
Very briefly, AuthenTec is the world’s leading provider of fingerprint sensors and solutions to the wireless, PC and Access Control markets.
I am initiating the Fifth (5) BUY recommendation of AuthenTec at or around $7.50 per share.
Here’s Why:
AuthenTec Q2/2008 Earnings Highlights: Record Sales, Continued Execution
AuthenTec (NASDAQ: AUTH), the world’s leading provider of fingerprint sensors and solutions to the PC, Wireless and Access Control markets, released their Q2/2008 earnings and held their analyst conference call Monday, July 28th after the market closed.
AuthenTec’s ability to consistently deliver results and beat analyst’s expectations both on the top and bottom line continue to bolster my faith in the company, their management team, and continued execution.
An investment in shares of AuthenTec, especially at today’s prices, are warranted, and their latest conference call and earnings announcement do nothing but crystallize my investment thesis.
What follows is a summary of AuthenTec’s earnings announcement, conference call highlights, and my take on the company’s latest quarter and results.
AuthenTec: Continued Execution or Trouble Ahead?
It’s a juicy time of the year right now for Wall Street with thousands of companies releasing earnings in the next few weeks that will either disappoint investors or help to allay their fears of the companies they cover.
It’s no different for us, as 4 of the companies that I cover either have reported, or are set to report earnings within a couple of weeks of each other.
Today we’re going to preview PeakStocks.com portfolio recommendation AuthenTec Inc. (Nasdaq: AUTH), which will be announcing their second quarter earnings and host their analyst conference call after the market closes on Monday July 28th, 2008.
In this post I’ll go over the important aspects that we need to be aware of before they announce earnings and then break them down into the following parameters:
- What went right in the quarter: What were some of the positive developments that occurred within the company in the last 3 months.
- What went wrong in the quarter: What were some of the negative developments that occurred within the company in the last 3 months.
- What I want to see: All things considered, what I realistically want to see from the company as it relates to their business.
- What we need to see: At the minimum, what we need to see for our investing thesis to still hold and an investment in this company to be prudent.
- What we’ll probably see: After weighing what’s been going on for the last 3 months, what we can realistically expect when they do announce their earnings.
- Bottom Line: What it all means, and what you should do.
BUY ALERT: AuthenTec (Nasdaq: AUTH) BUY 1/4 Position 7/3/08 Around $10.00
What:
I think it’s time you take a serious look at PeakStocks.com portfolio recommendation AuthenTec (Nasdaq: AUTH), the world’s leading provider of fingerprint sensors and solutions to the wireless, PC and Access Control markets.
I am initiating the Fourth (4) BUY recommendation of AuthenTec at or around $10.00 per share.
