Verigy
NASDAQ symbol VRGY, designs and makes test systems used in the production of computer chips.
AGILENT TECHNOLOGIES INC. $44 (New York symbol A; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 345.1 million; Market cap: $15.2 billion; Price-to-sales ratio: 2.6; No dividends paid; TSINetwork Rating: Average; www.agilent.com) makes testing systems that help improve electronic products, such as cellphones and computer-networking equipment.
Agilent was a unit of Hewlett-Packard Co. until 1999, when Hewlett spun it off …read more »
VERIGY LTD. $14 (Nasdaq symbol VRGY; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 60.7 million; Market cap: $849.8 million; Price-to-sales ratio: 1.6; No dividends paid; TSINetwork Rating: Extra Risk; www.verigy.com) jumped to $29 in its first year following its spinoff from Agilent in 2006. However, it has not rebounded as strongly from the recession as its former parent. …read more »
Our top stock picks seem to attract way more than an average number of takeover bids. We think this is because we zero in on a company’s earnings potential, rather than basing decisions on predictions for next year’s earnings.
Corporate buyers and big investors usually see things the same way. Many investors tell us that until they began following our …read more »
Our stock recommendations seem to attract way more than an average number of takeover bids. We think this is because we zero in on a company’s earnings potential, rather than basing decisions on predictions for next year’s earnings. Corporate buyers and big investors usually see things the same way. Many investors tell us that until they began following our advice, …read more »
VERIGY LTD. $13.49 (Nasdaq symbol VRGY; SI Rating: Extra Risk) (1-800-447-8378; www.verigy.com; Shs. outstanding: 60 million; Market cap: $807.7 million; No dividends paid) is now the subject of a $12.15-a-share takeover offer from Japan-based Advantest Corp. Advantest is the world’s largest maker of systems that test computer memory chips. Advantest is taking advantage of the high value of the yen …read more »
Investors often ask how we have managed to recommend so many value stock picks that get taken over for big profits. In fact, some readers of our newsletters and investment services tell us that they never had a stock taken over at a profit until they began following our advice.
More on the strategy that helps us routinely spot takeover candidates …read more »
VERIGY LTD. $8.84 (Nasdaq symbol VRGY; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 60.0 million; Market cap: $530.4 million; Price-to-sales ratio: 1.1; No dividends paid; TSINetwork Rating: Extra Risk; www.verigy.com) designs and makes test systems that are used in the production of computer chips.
The company recently agreed to acquire rival LTXCredence Corp. (Nasdaq symbol LTXC) in an all-stock …read more »
These four companies dominate their niche markets. That gives them protection from new competitors, and helps them stay profitable during economic downturns. Still, only three are buys right now.
AGILENT TECHNOLOGIES INC. $36 (New York symbol A; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 346.0 million; Market cap: $12.5 billion; Price-to-sales ratio: 2.3; No dividends paid; TSINetwork Rating: Average; …read more »
CANALASKA URANIUM $0.10 (Toronto symbol CVV; SI Rating: Start-up) (1-800-667-1870; www.canalaska.com; Shares outstanding: 171.6 million; Market cap: $16.3 million; No dividends paid) plans to consolidate its shares on a 1-for-10 basis. That will lower its shares outstanding from about 171.6 million to 17.2 million.
Companies typically cut back their shares to make them more attractive to institutional or other large …read more »
VERIGY LTD. $9.99 (Nasdaq symbol VRGY; SI Rating: Extra Risk) (1-800-447-8378; www.verigy.com; Shares outstanding: 59.3 million; Market cap: $592.7 million; No dividends paid) earned $2 million, or $0.03 a share, excluding restructuring charges in the three months ended April 30, 2010. That’s a big improvement over a loss of $30 million, or $0.52 a share, in the year-earlier quarter.
Revenue jumped …read more »
