January 12, 2009

Updating Landec

The Fool briefly mentions one of their Hidden Gems picks, Landec in an article today. I initially covered the stock here.

Shares are near a 52 week low (sound familiar?) as the company reported earnings earlier this month that did not meet expectations which led to analyst downgrades.

Still the company looks cheap on a valuation basis and it carries no debt. For the patient investor, this could be a good entry point.

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