Please ensure Javascript is enabled for purposes of website accessibility

Acacia Research Corp. (ACTG)

From The Oberweis Report: “Newport Beach, California-based Acacia Research Corp. (ACTG) acquires, develops, licenses, and enforces patented technologies. The company...

“Newport Beach, California-based Acacia Research Corp. (ACTG) acquires, develops, licenses, and enforces patented technologies. The company controls patent portfolios used in a wide variety of industries and has emerged as a leader in licensing patented technologies, executing over 960 license agreements across more than 90 technology license programs since its inception.

“Over the past 24 months, Acacia has been able to leverage increasing recognition as a patent licensing leader by acquiring larger patent portfolios and by striking large ‘comprehensive’ license deals with companies like Oracle (ORCL), Microsoft (MSFT) and Samsung. We expect additional large licensing deals in the future. Over the next year, we estimate revenue will grow 40% and earnings will climb even faster. Shares trade for 19x our forward estimate of $2.15 per share.”

Jim Oberweis, The Oberweis Report, 5/11

Jim Oberweis is President of Oberweis Asset Management and Oberweis Securities, Inc., Portfolio Manager of The Oberweis Funds, and Editor of The Oberweis Report, which is rated among the top three investment advisory letters for 15-year performance according to Hulbert Financial Digest. Mr. Oberweis earned an MBA from the University of Chicago and a B.S. in computer science from the University of Illinois at Urbana-Champaign. He has been a featured guest on CNBC and CNNfn and has authored a monthly growth stock column for Bloomberg. He has also provided market commentary for Investor’s Business Daily, Reuters News and Smart Money Magazine.