ATMI, the semiconductor consumables manufacturer, reported sales of $95mm and EPS of .25 (excluding a one-time gain), ahead of the consensus of $93mm and .24. The company didn't provide guidance in the press release, but the tone was positive.
We added the stock to the Top 20 near the end of August at 12.59 (+25% through last night), and I am targeting 21.50 a year out, perhaps slightly higher now. The stock has moved from very deep value to just value, but it offers growth as well. I struggled with choosing it over TXN, which is in the CG/B model, but went with it due to a better upside and similar to perhaps better downside. Since 8/30, TXN is up over 20% and has paid a dividend, so we are only slightly ahead. at this point.
Comments