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

Wednesday, March 22, 2006

ACT on it!

Act on it now! A stock I recently discovered has a great balance sheet and a cool product is Actions Semiconductor. The company’s products include system-on-a-chips, which are integrated circuits designed to use for both flash memory-based and HDD-based personal media players*. The balance sheet is great and with this cool technology it has room to grow. With over $150 million in revenue and another $130 million in cash and relatively no debt of only $2.3 million this company is where it is at! It also has a P/E under 10! Symbol is ACTS. So you better act before its too late. *Company description and financials provided by Yahoo! Finance. Currently trading at $8.50 Price Target: $ 13.00


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