Nova Measuring: Pullback Seems Overdue - trackseekingalpha

Sign Up | Log In | What is SocialPicks?

Nova Measuring: Pullback Seems Overdue
Oct 07, 2009 12:18 PM UTC

trackseekingalpha

Return	Risk
-11.17%	HIGH

Tracked Blogger

Profile & Performance

Subscribe to author

Symbol	Sentiment	Start	Return	Closed
NVMI	n/a

Via Long Investment Ideas from Seeking Alpha:

Nova Measuring Instruments (NVMI) is an Israeli-based, semiconductor equipment maker with a hot new product that is gaining market share on competitors and securing additional clients via new contract wins. With $14M in cash on its balance sheet and a streamlined cost-structure in place, NVMI should return to profitability in Q309 and scale up its revenues and earnings throughout 2010-2011.

In early September, NVMI announced that its revenues for Q3 are expected to increase more than 40% sequentially over the Q2 results, due to an expanding backlog for its Stand Alone Optical CD system.

Read the rest of original post »

Add Comment

Be the first to comment on this story and earn 2 points.

Your Comment

IN THE PRESS

None of the information contained on SocialPicks.com constitutes a recommendation by SocialPicks or its users that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. SocialPicks is not responsible for the posts, discussions, and recommendations of the users on the Site. SocialPicks does not provide investment advice. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the website. SocialPicks' users' past results are not necessarily indicative of future performance. Neither SocialPicks nor any of its users guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the website. You understand and agree that you use the Site and Services at your own discretion and risk and that you will be solely responsible for any damages that arise from such use. Before acting on any information contained on the website, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.