re: New Stocks to Watch

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Rintintin- you have contributed zilch

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You are correct. I'll throw one out that I like.

UBNT (Ubiquiti Networks) - a small/mid cap company that provides networking technology, mainly wireless connectivity around the world. They have a solid balance sheet with plenty of cash, and they've increased revenue and EPS nicely over the past few years, except for last year which was apparently due to some corrupt management of which has since been eradicated when their founder and CEO returned (who happens to be an ex Apple engineer and billionaire). Other than their financials I like them because they utilize a unique crowd sourcing strategy for marketing, which keeps their margins high, and they focus their business on rural undeveloped areas around the world. IMO there is plenty of upside as internet will do nothing but grow throughout the world.

Their stock has increased a lot over the past year and they were trading very expensively, but they recently took a nice hit (about 35%) with the recent market pullback. Currently they trade at a trailing PE of 27.5, with a forward PE of 18.3 and a 0.9 PEG. Which IMO is very respectable for a growth company. This may be a good time to buy.