Well we're a third of the way through '08, and high time we take a look at the report card for Brooks. Sadly, as my teachers always lamented about me, Brooks is having trouble fitting in, and is not applying itself. The sorry recap YTD vs. semi-equip. companies:
As you can see, once again BRKS is bringing up the rear, and compared to this group, rates a resounding F grade, begging the question: Is there any hope? Will BRKS ever be anything more than a mediocre sluggard, perpetually plodding along while brighter stars whiz by? And if not, when do we shareholders pull the plug and move on? My patience is about exhausted. A man can endure pummeling for only so long. Where's your breaking point?
This doesn't seem to be a very good bet for holding onto for any length of time. However, it seems to be a day traders dream. Right now it is up over 3 percent on no good news (that I know of). There is probably good money to be made to buy every time it is down a few percent and then selling when it goes up like this. When the market goes up, Brooks goes up greater than the market. When the market goes down, Brooks tumbles worse than the market (at least from what I've been observing)
You right, as a trading stock, BRKS is a good choice with Yahoo's spec page listing the beta at 1.8. Surprisingly, several other companies on my report card list have higher betas. Asyst is rated at 2.3, while Ultratach is measured at 2.35. The real shocker is Novellus is tied with BRKS at 1.8. I assume AMAT's 0.3 beta is a typo. All this may be of interest to day traders, but we of a longer time frame mindset will find little of value here. BRKS continues to be an floundering mediocrity. Give me my Helix back!