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Datalink Corporation Message Board

  • carp_slayer carp_slayer Aug 16, 2012 2:42 PM Flag

    Cash-Rich Tech Stocks With Solid Growth Prospects

    "Datalink Corporation (DTLK) engages in the design, installation, and support of data center solutions to mid and large-size companies." (Business description from Yahoo Finance).

    Four reasons DTLK is a bargain at under $8 a share:

    The company has almost 20% of its market capitalization in net cash ($24mm)

    Datalink is on track to grow revenues by some 30% this year, and analysts expect double digit sales growth in FY2013 as well.

    The stock sports a tiny five year projected PEG of .35.

    The stock is cheap at just over 7 times forward earnings (under 6 subtracting cash) and just 32% of annual revenues.

    The median price target for the 5 analysts that cover the stock is $12.50 a share.

    \Price targets range from $11 to $16 a share, all significantly above the current stock price.

    Disclosure: I am long CSCO, DTLK."

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