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[Costa]

Bears have pushed the stock down from the top of the trading range to the bottom again in a hurry. We are at oversold conditions on Stochastics. Although the recent downward move has been impressive, we still remain trapped within a multi-month trading range. On a fundamental basis the stock looks to be undervalued. Shares of AXT Inc (NASDAQ:AXTI) trade at a trailing P/E of 15x with a PEG of just 0.65x, which indicate that the stock is undervalued. This company has no debt and about $46 million of cash, so they have about $1.42 a share in cash. Analysts are bullish on stock. B. Riley recommends adding to AXT Inc positions following the solid Q4 report. Shares are Buy rated with a $4.60 price target, up from $4. In addition, the company recently announced a program authorizing the repurchase of up to $6 million of the Company's common stock. I like this company and have been adding.

Bloomberg : http://www.bloomberg...html?cmpid=yhoo

Edited by Costa, 07 March 2013 - 03:36 AM.