FormFactor, Inc.
Symbol - FORM
Current Market Price - $16.38
Recommendation Date - March 7, 2008.
Why buy?
Fundamental - The Company designs, develops, manufactures, sells and supports semiconductor wafer probe cards. These are used in computer components like Microprocessor, DRAM etc. The stock is available at a very low PE and is close to its Book Value.
Technical - Stock has shown signs of bottoming out. It is at its 52 week low and there isn't much downside. We are confident of good gains in this stock this month. We estimate gains above 10% in the next 15 days.
Disclaimer - Stock market recommendations are based on fundamental and technical analysis of stocks and no profit can be guaranteed. Investors are advised to make their own investment decisions with the information provided. Any investments, trades, and/or speculations made based on the ideas, opinions, and/or forecasts, expressed or implied herein, are committed at your own risk.
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