Comments for UEIC - Stockpickr! Your Source for Stock Ideas

Comments for UEIC

Added By	Comments	Type	Date Added
JRSYKIND	Universal Electronics (UEIC) play on laziness; licensees all the patents for remote controls; 90% earnings growth; James called a great pick	Love	September 07, 2007
Barrons	Universal Electronics is a wireless-technology developer that makes remote controls for consumer-electronics giants like Sony, Motorola and Philips, as well as for cable and satellite-TV outfits such as Comcast and DirecTV. "It's a great way to play the digital living room," says Steven B. Frankel, who follows the company for broker Canaccord Adams in Boston." "Universal has demonstrated consistent growth, year after year, with earnings per share expanding, on average, by 24% on a 20% average gain in sales...If you take away the $4.50 a share in cash from the [roughly] $25 stock, you are looking at a stock that's trading at a very low multiple of 16 and that can grow at a rate nearly twice that.."	Love	February 24, 2007