February 11, 2005
SpeculatingStocks.com Stock Pick: Benthos, Inc. (BTHS)
Stock Price: $16.41 (long-term strong buy)
Benthos, Inc., through its Undersea Systems Division, designs, manufactures, sells and services a variety of oceanographic products for underwater tasks; and through its TapTone Package Inspection Systems Division makes systems for testing consumer packages made of glass, metal or plastic.
The company announced Wednesday that its sales increased over 31% to $5,019,000 for the first quarter of 2005. Net income for was $161,000, an EPS of $0.10.
BTHS has a low market cap of $23 million. There are only 1.2 million shares in the float.
BTHS has been in a major uptrend over the past year rising from $5.00 to $22.96. BTHS could double in value and still be undervalued.
If volume picks up again BTHS could easily see $30 over the next six months.
SpeculatingStocks.com Target Price: We believe BTHS will reach $30 within the next six months.
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