DTLK – Datalink (Nasdaq) (Closing Price – $8.20)
Datalink reported very solid results today and I think the foolish dumping by some short term investors presents a good buying opportunity for those with a longer time horizon.
Datalink reported earnings of $0.19 (excluding a tax benefit) which is an eight cent improvement sequentially and a nine cent improvement year over year. It is also better than the profit of $0.18 they made a couple of quarters ago that sent the share price to a 52 week high of $12.50. (more…)