The best corporate managers are always one step ahead. Salesforce is the second coming of Amazon.com...
Planar: Value in Video Walls
12/09/2014 8:00 am EST
One of our latest featured stock ideas is a global leader in display and digital signage technology, explains small-cap expert Jim Oberweis, Jr., money manager and editor of The Oberweis Report.
Planar Systems (PLNR) creates video walls, large format liquid crystal displays (LCD), interactive touch screen monitors used in applications ranging from digital signage to simulation and from interactive kiosks to large-scale data visualization.
The electronic specialty display industry is driven by both the increase in functionality in ‘smart’ devices and the availability and versatility of LCD flat panel displays at increasingly lower costs.
Planar’s ultra-narrow bezel LCD display systems allow customers to create flat, large video walls for a number of applications including ambience, advertising, architectural, and brand promotion.
These systems are being deployed in a wide range of markets including retail, hospitality, commercial, sports venues, and airports, as well as in markets traditionally served by rear-projection cubes.
Planar’s solutions utilize specialized LCD panels and ‘tile’ them together using video processing to create large video wall displays.
In the company’s latest reported fourth quarter, sales increased approximately 17% to $53.6 million from $45.7 million in the fourth quarter of last year.
Planar Systems reported earnings per share of $.14 in the latest reported fourth quarter versus $.05 in the same quarter of last year. Clients of Oberweis Asset Management own approximately 81,000 shares.
More from MoneyShow.com:
Related Articles on STOCKS
Now about new highs being celebrated, amidst deterioration of a slew of internals: This suggests nei...
Our daily breakout stock ideas are most suitable for aggressive investors seeking ideal entry points...
I understand, my views are not outside the mainstream, but long-term investors should buy Apple shar...