ITRN - Looks good to me

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  • mrmarket
    Administrator
    • Sep 2003
    • 5971

    ITRN - Looks good to me

    Since there is no momentum in the market, and momentum stocks keep tumbling under the tsunami of credit, real estate and energy bad news, I have put in a more conservative screen that yielded one..yes only one..company.

    I screened for a stock ih the top 20% of 52 week price performance, top 20% of dividend yield and top 20% for P/E TTM (lowest), top 20% EPS growth for last 3 years and last 5 years..

    the only stock that came up was ITRN....it has 52 wk price performance of 15.6%..pays an 11.17% dividend..has a P/E of 5.9, a 3 year EPS Growth of 65% and a 5 yr EPS growth of 53%.

    So I bought some today at 11.71 per share...not an "official" $$$MR. MARKET$$$ pick..but something to do while I watch my kid play football.

    For those that have know, this is what ITRN does:

    Ituran Location and Control, Ltd., together with its subsidiaries, provides location-based solutions and machine-to-machine wireless communications products for use in stolen vehicle recovery, fleet management, and other applications in Israel, Brazil, Argentina, and the United States. Its stolen vehicle recovery and tracking solutions locate, track, and recover stolen vehicles for its subscribers; and fleet management solutions enable corporate customers to track and manage their vehicles in real time.

    What do you guys think?

    I am HUGE!

    $$$MR. MARKET$$$
    Last edited by mrmarket; 11-10-2008, 06:04 PM.
    =============================

    I am HUGE! Bring me your finest meats and cheeses.

    - $$$MR. MARKET$$$
  • mrmarket
    Administrator
    • Sep 2003
    • 5971

    #2
    Anyway, I'm sellin at $13.50.
    =============================

    I am HUGE! Bring me your finest meats and cheeses.

    - $$$MR. MARKET$$$

    Comment

    • jiesen
      Senior Member
      • Sep 2003
      • 5319

      #3
      Looks pretty good at first glance to me, too. Family-controlled, strong revenue and profit growth... I think 13.5 should be easily hit.

      Comment


      • #4
        It droped so much in the past three days, is this stock good for day traders or long term investment?

        Comment

        • mrmarket
          Administrator
          • Sep 2003
          • 5971

          #5
          Originally posted by Vincent View Post
          It droped so much in the past three days, is this stock good for day traders or long term investment?
          It is a swing trade for me, but this overall market really blows.
          =============================

          I am HUGE! Bring me your finest meats and cheeses.

          - $$$MR. MARKET$$$

          Comment

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