Back to noodling about 11/15/14 stock candidates.
KING - this is a company that everybody loves to hate. Granted, Zynga has been a disaster. GLUU had a single hit and is crashing - the world of smartphone games is pretty fickle. That being said, there are things to like about King at $11.32 a share. First they do have $2.60 in cash per share with no debt. Their trailing P/E is under 6 and the forward is just a notch above 6. So they are very cheap. If one could be convinced that they have staying power, a franchise, new games etc - then this might be worthy of consideration. I think it may take a little digging to answer those concerns, but I am willing to keep KING on the list to do that research.
So the list is now ANIK, AGX, FLR, ITRN and KING.
|1||Anika Therapeutics Inc||574|
|3||Block (H&R) Inc||8,888|
|4||Brocade Communications Systems Inc||4,642|
|9||Interval Leisure Group Inc||IILG||1,202|
|10||Ituran Location and Control Ltd||ITRN||430|
|11||King Digital Entertainment plc||KING||3,645|
|12||Myriad Genetics Inc||3,225|
|13||Natural Health Trends Corp||NHTC||121|
|14||Northrop Grumman Corp||28,030|
|15||Omnicom Group Inc.||17,834|
|17||Pitney Bowes Inc.||4,963|
plus AWRE, PERI and TPUB.
MYGN - this was definitely the stock to buy at the start of 2014 - a mere $20.98 a share (now pushing $40). I think that unless something comes out of their earnings this week, I will take a pass.
NHTC - probably like a HLF lite. Very cheap, growing and profitable. They announce earnings this week, if they are good it may be too late to board the train. I am definitely going to consider and watch ther earnings closely.
NOC/RTN - I am going to group these two as I will likely pick just one of them. They have very similar metrics, so hard to decide between the two. Interestingly, I am reading a book about the history of computers and the internet - I was surprised to see that RTN was one of two finalist with the Govt to build some of the first computers for networking, but they lost out (Innovators: How a Group of Hackers, Geniuses, and Geeks). I wonder how different their history would have been. I am going to keep both on the list as I will likely buy one.
So the list is now
So the list is now ANIK, AGX, FLR, ITRN, NHTC, RTN/NOC and KING.