The GuruFocus 52-week low screener
reveals that the U.S. computer hardware sector currently has 27 out of 245 companies on a 52-week low. The low ratio is 0.11. The three stocks featured here are electronic companies, highlighted to show billionaire investors, look for insiders, and uncover possible deep value as the companies weather a 52-week low.
First up is Aeroflex Holding Corp. (ARX
), a global provider of high performance microelectronic components, and test and measurement equipment. The company reported financial results for the first quarter of fiscal 2014, ended September 30, 2013, with net sales of $132.7 million, down from $137.6 million in the same quarter of fiscal 2013. Net income was $10.5 million for the recent quarter, up from a loss of $(14.1) million in the previous fiscal year. Aeroflex reported an operating loss of $(37,000), as well as a $(4.0) million loss from continuing operations for the recent reporting quarter. In the same quarter a year ago, Aeroflex had an operating loss of $(6.0) million and a loss from continuing operations of $(14.5) million. Continue Reading »