One of the hottest stock this week is Intergrated Silicon Solutions (ISSI). The company designs, develops and markets high performance memory devices including static random access memory, low and medium density dynamic random access memory, and nonvolatile memory, as well as voice recording devices and certain microcontrollers and embedded memories. Their memory devices are used in networking applications, telecommunications, data communications, disk drives and other peripherals, personal computers, office automation, instrumentation and consumer products. Can you have too much memory.
I was screening on Barchart for stocks have the most frequent price increases in the last 20 sessions and ISSI had 15 in the last 20 sessions plus 5 in the last 5. The price appreciation has been 82.58% for the period. Barchart's technical indicators signal 12 of 13 buy for a 96% buy rating.
Analysts also have a buy recommendation on the stock with an estimate for next year of a 14.5% increase in revenue and 29.4% for earning per share. Even better a 10% compounded 5 year EPS is expected.
Over on Motley Fool the CAPS members think the stock will out perform the market by a vote of 76 to 14 with the All Stars in agreement 15 to 1.
This is a stock you might want to get below 9 with a stop loss of no less than 8.
Jim Van Meerten is an investor who writes on financial matters here and on Financial Tides. Please leave a comment below or email JimVanMeerten@gmail.com
Disclosure: No positions at the time of publication
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