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Newport Corp. Message Board

  • risingmojo77 risingmojo77 Feb 21, 2013 12:06 PM Flag

    Up 45% in last 4 months and will go higher!

    Hopefully, folks took my advice over the past year and bought NEWP. Management has successfully integrated the Ophir, HighQ, and ILX acquisitions and improved costs so expect to see EPS and cash generation be much higher in 2013. Also, on the cc they mentioned numerous new products, including a new UV hybrid fiber laser for micromachining, that should improve sales going forward. Even at the current $16/share, the stock is undervalued IMHO. I think you'll see $18 within the next 6 months and over $20 by year end.

    Sentiment: Buy

22.99-0.02(-0.09%)Apr 29 4:00 PMEDT