Not many people have heard of this stock... BPHX. It's market cap is just under $3 million. It's growth rate is over 35%. and its only $16.00 right now. The company is a Israeli based leader in the modernization of your business IT infrastructure. The company was $5.00 a year ago, and because of it's stellar earnings reports and recent acquisitions, it has had a noticeable run-up in value.
Now please don't be one of those people who just say "hey, he's just trying to boost his stock..." - This couldn't be farther from the truth. No matter what you think, the stock is undervalued. VectorVest, Esignal, Finance Yahoo, and other analyst sites rate this company as a strong buy or buy. The company's year end median target is $25.00-$30.00. It has no potential whatsoever to be affected by the U.S subprime meltdown and credit crunch.
I bought this stock at $17.50 a couple of months ago, and I sold it at $20.50. It then ran up to almost $23.00 when it beat earnings for the 7th time in a row. It has now pulled back with the rest of the market to $15.00-$16.00 and I bought it again. I believe by year end it could hit the $25.00-$30.00 mark and continue to go higher throughout next year. Please remember though, these are my opinions and you dont have to follow them. I cannot be held liable for anything you do.
Key notes as of lately:
- Landed biggest contract ever with U.S government
- Sold $35 million dollars worth of shares at $17.50 (so you know its at least worth that)
- Beat earnings for 7th consecutive time
- Raised guidance
- Is appearing and leading in a number of events related to IT infrastructure
Just take a looksy, http://finance.yahoo.com/q?s=bphx
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