Three Uncovered Stocks From the Chart Room
In this analysis, we have identified three uncovered stocks that we believe are attractive based first upon our technical analysis. We then analyze each company’s fundamentals and examine whether the company is truly one with a potential upside. We use group comparable and industry projected EPS growth rates and apply a relatively higher than average discount rate to adjust for higher risks of micro-cap, less liquid stocks
LGL GROUP INC (LGL) Current Price: $14.76 (1/21/20) Price Target: $18.40
The LGL Group, Inc., together with its subsidiaries, engages in the design, manufacture, and marketing of frequency and spectrum control products in the United States and internationally. The company operates in two segments, Electronic Components and Electronic Instruments. The Electronic Components segment offers XTAL, clock oscillators, VCXO, TCXO OCXO, and DOCXO devices; and radio frequency, microwave and millimeter wave filters, diplexers, and solid-state power amplifiers. It also provides filter devices, which includes crystal, ceramic, LC, tubular, combline, cavity, interdigital, and metal insert waveguide, as well as digital, analog and mechanical tunable filters, switched filter arrays, and RF subsystems. This segment's products are used in infrastructure equipment for the telecommunications and network equipment industries; and electronic systems for applications in defense, aerospace, earth-orbiting satellites, down-hole drilling, medical devices, instrumentation, industrial devices, and global positioning systems
PURE CYCLE CORP (PCYO) Current Price: $12.65 (1/21/20) Price Target: $13.45
Pure Cycle Corporation designs, constructs, operates, and maintains water and wastewater systems in the Denver metropolitan area and Colorado Front Range in the United States. It operates in two segments, Wholesale Water and Wastewater Services, and Land Development Activities. The company engages in the wholesale water production, storage, treatment, and distribution systems; wastewater collection and treatment systems; development of master planned mixed-use community; and oil and gas leasing business.
MRI INTERVENTIONS, INC (MRIC) Current Price: $5.27 (1/21/20) Price Target: N/A
MRI Interventions, Inc. operates as a medical device company primarily in the United States. The company develops and commercializes platforms for performing minimally invasive surgical procedures in the brain and heart under direct, intra-procedural magnetic resonance imaging (MRI) guidance. It offers ClearPoint system, a neuro-navigation system designed for placing catheters, electrodes, and laser fibers to treat various neurological diseases and conditions, as well as for performing biopsies.
Singular Research Staff
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