SmallCapNetwork.com Initiates Coverage of InterDigital Inc. (NASDAQ: IDCC) and Briggs & Stratton Corp. (NYSE: BGG)
Small company research and analysis website SmallCapNetwork.com issues buy ratings for both InterDigital and Briggs & Stratton.
While most large companies are still dealing with the economic fallout of a recession, several smaller companies have continued to thrive, or have started to recover from the economic meltdown. SmallCapNetwork.com has uncovered what could be two of the more investment-worthy companies from within the small cap segment of the equity market.
Small Cap Network (www.smallcapnetwork.com) has initiated investment research coverage of InterDigital Inc. (NASDAQ: IDCC) and Briggs & Stratton Corp. (NYSE: BGG). Both stocks are rated as ‘buys’ by the Small Cap Network analytical staff, based on forward-looking company prospects and attractive fundamental valuations.
The initial report for both companies can be accessed at http://www.smallcapnetwork.com/Coverage-Initiated-InterDigital-IDCC-and-Briggs-Stratton-BGG/af/archive/20090121-1/.
Cell phone technology developer InterDigital Inc. has generated three consecutive quarterly earnings increases in an environment that’s been unfriendly to almost all other companies. Moreover, forecasters expect 2009 earnings to nearly triple over 2008’s actual results. Though that may seem to be an aggressive outlook, a recent licensing agreement reached with Samsung could easily boost the company’s bottom line to those levels. Licensing and royalty fees are generally high-margin revenue, as little to no further product development is needed by that point.
The attraction to the company and the reason for InterDigital’s ‘buy’ rating is primarily based on the stock’s low forward-looking valuation. The market does not appear to have adequately factored in the company’s near-term and long-term growth prospects.
The full profile and ongoing coverage of InterDigital Inc. can be accessed at: http://www.smallcapnetwork.com/InterDigital-Inc/IDCC/af/profile/.
Small engine manufacturer Briggs & Stratton Corp. appears to be in the midst of a turn-around after two consecutive disappointing years. After barely remaining in the black in fiscal 2006, and not doing considerably better in 2007, fiscal 2008 (ending in June of 2009) is anticipated to be much stronger. Per-share earnings estimates for 2009 are nearly double those of 2008, and earnings are expected to grow by more than 30% in 2010.
Though not the only reason for a better future, Briggs & Stratton recently unveiled a new standby generator to be marketed under the General Electric (NYSE: GE) name. The new design boasts higher energy efficiency.
The full profile and ongoing coverage of Briggs & Stratton Corp. can be accessed at: http://www.smallcapnetwork.com/Briggs-Stratton-Corp/BGG/af/profile/.
Hundreds of thousands of the site’s newsletter readers use Small Cap Network’s in-depth profiles and technical trading alerts to generate exceptional returns. To register for the newsletter and receive these same potential money-making suggestions via e-mail, simply go to: http://www.smallcapnetwork.com and sign-up.
About Small Cap Network
Small Cap Network (www.smallcapnetwork.com) provides investors with timely trading ideas, as well as longer-term stock suggestions. Though large caps tend to receive the majority of media attention, small and micro cap stocks can often offer the most potential for investment gains. The Small Cap Network web site and free newsletter offer in-depth fundamental research and technical trading recommendations on select companies within the global equity markets, including small and micro cap stocks, bulletin board stocks and actively traded penny stocks.
Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although Small Cap Network believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from Company projections and expectations are disclosed in the Company filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
Compensation Disclosure: TGR Group has not been compensated for coverage of InterDigital Inc. or Briggs & Stratton Corp.
SmallCapNetwork.com is not a registered investment advisers or broker/dealer. SmallCapNetwork.com makes no recommendation that the purchase of securities of companies profiled in this website is suitable or advisable for any person or that an investment such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for many of their securities, investing in such securities is highly speculative and carries a high degree of risk.
Contact Information:
Small Cap Network
Email: editor@smallcapnetwork.com
Source: Small Cap Network
