July 29th, 2005

SpeculatingStocks.com Stock Pick: Giga-Tronics, Inc. (GIGA)

Price: $5.45 (short-term strong buy)

Giga-tronics produces instruments, subsystems and sophisticated microwave components that have broad applications in both defense electronics and wireless telecommunications.

GIGA rose to $8.42 after receiving a $2 million contract from the Israel Ministry of Defense. On July 26th, the company reported a first quarter profit of $233,000, $0.05 earnings per share, on net sales of $5,783,000.

This company will continue to perform and with only 3.44 million shares out there, GIGA has a chance to make another move higher. If another contract is announced, expect GIGA to hit a new 52-week high.

SpeculatingStocks.com Target Price: We expect GIGA to hit $9.00 within the next six weeks.