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 data by YCharts
Other technology-related names making the cut include Electro Scientific Industries (ESIO), which I've owned for a few years; Synnex (SNX); and Benchmark Electronics (BHE), 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 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.
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