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Junior Member
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FormFactor, Inc. (Nasdaq: FORM ) - Too cheap to be ignored
This is far under-valued stock in semi-conductor field. FormFactor, Inc. is a financially solid company with great fundamentals and will continue to be an excellent play in its sector. The currrent price is also certainly very attractive. It has no debt, 414 millions of market capitalization and about $325 million of cash or $6.38. Institutions own 90% of the company's shares. The company is repurchasing shares and is authorized to purchase an additional $46 million worth of shares over the next three months. From a technical perspective, the short term technical indicators are showing oversold readings. Probably on the upside we could see a bounce to around $8.50 or even $8.93 levels on FormFactor.
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