Thursday, April 12, 2012

Logitech Looks Cheap

Peripheral device maker Logitech International (LOGI) now trades below its March 2009 lows, as it has now breached price levels not seen since 2003. Though the company has generated net income in excess of $500 million over the last four years and has a net cash balance of $520 million, it trades for just $1.3 billion.


Anonymous said...

Hi Saj,

May I ask why you haven't bought into LOGI? Your arguments seem convincing and it looks like a good buy to me.

Saj Karsan said...

Hi Anon,

There are a lot of factors that go into whether I buy something that I see as a good idea. I have to compare it to the rest of my portfolio in terms of diversification, focus, relative cheapness etc...I may buy it at any time (or I may have already, for all you know)

Anonymous said...

Hi Saj,

Add this to your "Value In Action" page.

I am the first commenter returning to share my success. I bought in after reading your post and examining it myself. Thanks to your bringing this to my attention, I am now +19% on this stock.

I read your articles daily and I usually buy in when you mention a large (and well-known) US company that's undervalued. So far, your ideas are 3/3. I've successfully profited on HGG, SPLS, and now LOGI.

Keep these types of companies coming!!!!


Saj Karsan said...

Glad it's working out for you, Anon!

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