We blogged about Neophotonics (NPTN) and today it's Advanced Photonix Inc (API), which is a leading supplier of opto-electronic solutions and Terahertz sensors and instrumentation to a global OEM customer base. Our solutions are based on our patented high speed optical receivers in III-V materials in APD and PIN configurations and silicon Large Area Avalanche Photodiode (LAAPD), PIN photodiode and FILTRODE® detectors. Read more about API here.
API just released their earnings, which look really good and the CEO is very positive on the future of this company. Here is what he said "Building upon the momentum of the revenue growth driven by our telecommunications market, we are continuing to experience accelerating growth for our fiscal year. Year-to-date results exceeded the raised guidance we gave last quarter of a minimum of 25% year over year growth. Based on the performance of the first three quarters, and the outlook for the fourth quarter, we are again raising our guidance to 35% revenue growth for the year,” said Chairman and Chief Executive Officer, Richard (Rick) Kurtz. “Based on the increasing demand globally for our high-speed optical receivers and increasing revenue in our terahertz product platform we anticipate a strong fourth quarter.”
Bottom line - Just like NPTN, API has got great demand for its products through out the world and I strongly believe that this stock has all potential to move up at least 70% in the next 6 months. Here are its recent earnings, click here.
Disclosure - Long API.
A general Caution and Advise --As I always advise in my posts, Do not chase stocks. please keep in mind that I am not a Stock Market Analyst or an Investment Adviser to count on my recommendations/alerts. As always please do your DD before investing or speculating, start with a small position, always keep your stop losses in place and emotions out. Finally thank me for your profits but do not blame me for your losses because you are the one who pulled the trigger!!
- ► 2013 (33)
- ▼ February (5)
Who is Mr.Incredible?
- New Jersey, United States
- Mr.Incredible is a Momentum/Technical Breakout player who trades small/micro cap plays and who saw a 600% Growth since 2006, Yes even in this down market. I am going to post my real trades (including profits/losses) soon...As a general caution and advice Please start with a small position and always keep your stop losses in place just in case....As usual Do your DD before investing. Thank me for your profits and don't blame me for your losses because you are the one who pulled the trigger!!!