This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

10 Tech Stocks With High Free Cash Flow Yields

10. GSI Technology (GSIT - Get Report) develops and markets static random access memory (SRAM) products that are incorporated primarily in high-performance networking and telecommunication equipment, such as routers, switches, wide area network infrastructure equipment, wireless base stations, and network access equipment.

At the end of Dec. 2010, the company reported cash and cash equivalents at $24.2 million, compared to $24.7 million at the end of March 2010. Moreover, cash flow from operating activities surged 56.7% to $10.9 million from $6.9 million, while free cash flow stood at $7.7 million and FCF yield stood at 6.1%.

On the operations front, for the three months ended Dec. 2010, total revenue soared 50.6% to $26.2 million from $17.4 million, while net income more than doubled to $5.8 million, or 20 cents per share, from $2 million, or 7 cents per share, in the year-ago quarter,

All the four analysts covering the stock recommend a buy. There are no sell ratings on the stock. On average, analysts estimate 17.5% upside to $10.67 in value from current levels. The stock has already gained 51% during the last one year and is trading at a PE of 13.6

2 of 11

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
EBIX $29.77 0.00%
GSIT $5.27 0.00%
IACI $72.14 0.00%
LSCC $6.06 0.00%
NANO $15.28 0.00%

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs