"Be fearful when others are greedy. Be greedy when others are fearful."
-Warren Buffett
Intelligent Speculation
for the small investor
My name is Phillip Lyon and I have created this website to help the small investor. My investment philosophy is to invest in undervalued stocks that also have a speculative aspect. My website contains free stock picks and stock market commentary so check back often and tell your friends about my site.
Silicom Reports Nice Q4 2007 Results
SILC - Silicom Limited (Nasdaq) - (Closing Price - $13.92)
Silicom Limited announced fourth quarter results today and reported increases in revenue and EPS. The share price responded with a gain over 17%.
Silicom reported revenue of 7.48 million which was a 13% improvement over last quarter and a 49% improvement over the comparable quarter last year. EPS came in at $0.27 which was also an improvement sequentially ($0.25) and YOY ($0.20).
Even with today’s gain of 17% Silicom Limited is trading at a trailing PE of 14. That is very cheap considering the growth Silicom Limited has experienced over the last couple of years. The WAN optimization sector is projected to show strong growth for the next few years which will benefit Silicom Limited in future quarters.
The stock price of Silicom Limited is trading very near my initial recommendation and I still think the company is a good buying opportunity. I would recommend that you continue to hold your shares or even accumulate some more.
Disclaimer: I have no position in SILC.
[…] and the stock price is starting to gain some strong momentum. The company just reported very good fourth quarter results and I wouldn’t even consider selling right […]