Joseph Agresti
7 posts
Trading at 4 times forward earnings with potential for 40% earnings growth, value investors are taking notice of GT Advanced Technologies, says Joe Agresti.
A maker of equipment for the solar, LED and emerging technologies industries, the company is making money hand over fist.
This forecast is based on belief that bank earnings, dividends and repurchases will provide the next catalyst to earnings for the index.
A simple sign suggesting that the era of depressed values that we have seen since the economic recession is over.
In order to buy the business "for free" I would pay $2.60 per share - which is equal to the net cash on the balance sheet.