September 17, 2007
SpeculatingStocks.com Stock Pick: RF Industries Ltd. (RFIL)
Stock Price: $6.46 (short-term strong buy)
RF Industries, Ltd. provides interconnect products and systems for radio frequency (RF) communications products and wireless digital transmission systems in the United States.
RFIL has grown revenue the last three years from $11.22 million in 2004 to $13.15 million in 2005 to $15.18 million in 2006. Net income has been positive each year with net income of $1.54 million in 2006.
Revenue for the most recent quarter came in at a record $4.31 million with net income of $434,000.
RFIL has cash and available-for-sale investments of $7.81 million. The company's balance sheet is clean with assets exceeding liabilities by over 11 to 1.
RFIL is trading at a market cap of only $20.99 million and recently declared a $0.02 per share quarterly dividend on a quarterly EPS of $0.12.
We believe is undervalued and becoming discovered.
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