Sunday, May 5, 2013

InvenSense: Growth At An Incredible Price


InvenSense (INVN) has remained an incredible technology firm with huge upside potential since its IPO back in 2011. Yet the stock trades near the IPO pricing as the company has had to continuously throttle back expectations including the guidance for Q1 2014 provided on the earnings call.

As pointed out in previous articles, the maker of motion sensing technology had tons of potential held back by the inability to correctly forecast the growth potential. Prior to earnings Thursday night, the stock traded at roughly 12x this year's earnings expectation yet the company just completed a year of over 100% growth. Even after a huge gain following the strong outlook for fiscal 2014, the stock might offer the most incredible price in the market.

Read the full article at Seeking Alpha.


Disclosure: Long INVN and AAPL. Please read the disclaimer page for more details. 




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