Friday, February 15, 2008

New Website

An investor named Steve Alexander has started a website with specific MFI stock recommendations. (MagicDiligence). It is very well done and thought out. He lists "Top Buys" along with what he considers "bad" MFI stocks. I found it interesting that we discussed HURC on almost the same day, though he is certainly negative on IAR due to high debt load. Anyway, I'd encourage readers to check it out.

HGG had great earnings on Thursday morning for me (hhgregg Announces Third Quarter Results). They also guided 2008 to the high end of their guidance. They are trading at just 10x future earnings, so I think they are still quite cheap.

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