Big play defense contractor SAI
SAI closed @ 18.18 on friday.
I went to their website and did some due diligence. I like it.
www.saic.com
SAI made almost 8 billion in revenue and almost 1 billion in profits. That's 1/5 the size of Lockheed Martin (LMT) in terms of revenue. SAI offered about 75 million shares to the public and has a total of about 325 million shares outstanding, most of which are owned by the employees.
Jim Cramer recommended on Friday that we buy the stock. With only 75 million shares in the float is just not enough to go around for the rest of us and the big institutions. I suspect SAI will run like MA did. I believe SAI is headed to $40 within 6 months.
Longer term play.
I went to their website and did some due diligence. I like it.
www.saic.com
SAI made almost 8 billion in revenue and almost 1 billion in profits. That's 1/5 the size of Lockheed Martin (LMT) in terms of revenue. SAI offered about 75 million shares to the public and has a total of about 325 million shares outstanding, most of which are owned by the employees.
Jim Cramer recommended on Friday that we buy the stock. With only 75 million shares in the float is just not enough to go around for the rest of us and the big institutions. I suspect SAI will run like MA did. I believe SAI is headed to $40 within 6 months.
Longer term play.
posted by beanie11111 | 1:10 AM
15 Comments:
SAI is a very safe play. All aboard!
Is it late to buy SMSI? It's up over 16 now. I was thinking of selling some
of my RVBD(if price holds up)-to buy SMSI.
sgv,
SMSI closed at 16.51 on friday. If you dont already have a position, let's wait to see if there's any pullback to do a "mon-back". Alternatively, you can buy if 17 gets taken out.
NWS: Just got upgraded by Goldman Sach! Those jan 22.5 calls should be worth a bundle. Goldman raised target to 25.
NWS: If you didnt buy the call options when i first mentioned it, it's too late to buy it today.
RVBD earnings is next week. I think i'll hold onto my shares thru earnings.
SAI: If you dont already own the stock, it's time to buy 1/2 position right here near 18.30, and another 1/2 if it goes lower today.
NWS: slow and steady, but surely
RVBD is getting to be a great buy as it goes toward the low to mid 19's
Make sure you get your supply of RVBD at about here. Going higher this week.
MRVL is running today. Good for a swingtrade.
SMSI: I've been harping on this one for some time now. You still don't own any?
SAI: a great buy here if you don't have a position. 18.25
SMSI: Already starting it's earnings run.
SAI: A thing of beauty. This consolidation is just what we need before the ramp-up .
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