This Day On The Street
Continue to site
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

The Next Best Thing to Net/Net Stocks

AVX also pays a 75-cent quarterly dividend and currently yields 3.2%. Shares are down about 33% year to date. I have never owned AVX, but it has my attention now.

AVX Chart AVX data by YCharts

Other technology-related names making the cut include Electro Scientific Industries (ESIO - Get Report), which I've owned for a few years; Synnex (SNX - Get Report); and Benchmark Electronics (BHE - Get Report), which I wrote abut recently, when it was trading below NCAV. Since then, the company reported a great quarter, and its share price rise has taken it out of net/net land.

BHE Chart BHE data by YCharts

Non-technology names that make the grade include fine watch seller Movado (MOV), another former net/net that I've previously owned, as well as G-III Apparel Group (GIII), toy maker Jakks Pacific (JAKK) and online retailer PC Connection (PCCC).

This is indeed a very fascinating world of interesting names, and I'll reveal additional companies that meet the criteria in future columns.

At the time of publication, the author had a position in ESIO.

This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.

Jonathan Heller, CFA, is president of KEJ Financial Advisors, his fee-only financial planning company. Jon spent 17 years at Bloomberg Financial Markets in various roles, from 1989 until 2005. He ran Bloomberg's Equity Fundamental Research Department from 1994 until 1998, when he assumed responsibility for Bloomberg's Equity Data Research Department. In 2001, he joined Bloomberg's Publishing group as senior markets editor and writer for Bloomberg Personal Finance Magazine, and an associate editor and contributor for Bloomberg Markets Magazine. In 2005, he joined SEI Investments as director of investment communications within SEI's Investment Management Unit.

Jon is also the founder of the Cheap Stocks Web site, a site dedicated to deep-value investing. He has an undergraduate degree from Grove City College and an MBA from Rider University, where he has also served on the adjunct faculty; he is also a CFA charter holder.

2 of 2

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
AVX $13.82 0.66%
BHE $23.52 0.04%
ESIO $5.61 -0.36%
SNX $78.07 1.14%
TECD $58.74 0.72%


DOW 17,841.98 -86.22 -0.48%
S&P 500 2,080.15 -9.31 -0.45%
NASDAQ 4,919.6440 -19.6830 -0.40%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs