The original initiated price of this coverage was $19.44. Over the time span of this coverage, the underlying security paid 2 dividends, comprising 0.9% dividend income.
This worst performing lil known hi-tech auto-part supplyer , was overlooked till it came up in my stock screen. With a low PE and only 1 real analyst covering it, i can foresee quite a few catalyst that can send volume flooding into this small cap pushing it much much higher. Hybrid sales in Cali have suffered and F confirmed a slow down in certain areas due to the tsunami. The steam will start to shoot up again as the auto sector finally rebounds from a slow cycle while at the same time generationally exiting the pits. GNTX is a well known hi tech rear view mirror maker ( amoungst other things ) that has came off and still may be slightly over-valued. The spread is wide in STRT and it trades thin. The traders forgot about this one while trading GNTX with Cramer so when that gets played out, the analyst start to hop aboard this single digit PE with growth. A double is completely in the cards, just for it to catch up to its peers. A dividend was also initiated at 2% in December. Another reason I speculate more analyst will find this name and buy it, initiate coverage on it etc. Being a dividend raiser is a good thing to be in 2012, I own a few shares and i plan to buy a lot more on dips.