At $1.14 and with a P/E of 1, the market it not betting on much of anything. Nor does anyone suspect that the company can compete long term with Cisco and Hewlett-Packard ( HPQ). So there can only be a surprise to the upside. That said, considering that the downside should be limited from this level ALU just might be enticing enough on reasonable assumptions to expect a share price north of $2 by the end of the year. Follow @rsaintvilusAt the time of publication, the author held no position in any of the stocks mentioned. This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.