Stock Picks

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Location: Los Angeles, California, United States

I first became interested in stocks at the age of 14 and I have been an intern for three summers at a large Investment banking firm on the West Coast. I do research on stocks all the time and I also enjoy basketball,hockey and football

Thursday, August 04, 2005

Double Trouble

Since I did not give you a stock pick yesterday, I am making Mad Catz Interactive, Inc (MCZ), my double-trouble pick of the week. This is one of my small-cap favorites. They have a very interesting business, they make and distribute video game accessories. For example, they design memory sticks, light guns, steering wheels and much more. Although they make very cool accessories for many different video games they compete with the likes of Logitech, one of, if not, the biggest accessories maker in the world. But, even so, Mad Catz holds its own against them. In fact, I was in Best Buy this past Sunday shopping for a television and I'm a guy, so I made my way over to the video game section and to my surprise, there were Mad Catz accessories! It was really cool to see a product made by a small penny stock in a powerhouse store like Best Buy. They have continued to post record financial results, as this penny stock becomes a big brand name. I believe that within a 6-month period the stock should hit $3. It is currently trading a $1.05. I would initiate coverage on this company if I was an analyst.


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