Wednesday, October 18, 2006

UCTT downgraded

A JP Morgan analyst downgraded UCTT from overweight to neutral based on the recent price surge.

My respect for JP Morgan recently hit a new low when their housing analyst predicted that the housing market had stabilized and housing stocks were a good investment (yeah, tell that to WAMU which completely missed earnings because of the housing collapse).

We will re-enter: I think UCTT has mammoth opportunities.

1 Comments:

Anonymous Anonymous said...

Does UCTT have a unique product that others don't have? Do they have a better product? Are they signing on many new customers every month? I'm trying to understand why you think they have mammoth growth opportunities?

4:55 PM  

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