Both IVAC (Intevac) and WDC (western Digital) have low PE’s and little debt.
I day trade, but they pulled in fast money. For a day trader, IVAC can be a dream come true, as it fluctuates anywhere between 50 cents to a dollar every day.
IVAC has no debt, and $3 per share in cash! It regularly beats estimates. This third quarter, I got it may not, but they said in the shareholder webcast, that they expect the 4th quarter to be recordbreaking… he said it many times, and his voice trembled with excitment each time.
Intevac makes the equipment to make perpendicular hard disks, like the ones used in various small electronic devices (ipods)
WDC, has a low p/e and good name. But they are currently dogged by a possible options error from 1999-2002. They also mostly manufacture computer hard disks only… but… if history is any indicator, if there is a day with a newsless freefall in price, the next day will rebound. I have seen it happen twice in the past few weeks, and made $240 on the second one in three hours. So it is prone to panic, but also prone to rallying, a day traders dream. What I like most about it in this bull market is it’s low p/e and debt… because there are still many people looking for a good bargain in a market getting saturated with real estate bust cash.
The market is good right now, so everything is good. But Rite-Aid is also an attractive stock, if you can bypass the debt and believe their recent purchase of all the eckards drug stores will help them dig out faster.
Re: MOSY I don’t like it. Not only do I think Wii is the stupidist name ever for a console, spelled stupid, (kind of like Intel’s viiv), I have a suspicion it may have been named aftter the cheapest 3 letter website they could find, I expect Nintendo to bite the dust on this one.
But it’s not just that. MOSY has a p/e of -56, and it’s revenue has fallen in the past quarter. So it is really riding hard on Wii’s success, and my money is against Nintendo. I guess I should actaully play with the controller, before jumping to conclusions, but something tells me it will not be as responsive as hoped by many gamers.