In today’s Daily Alert, we have a new buy from AlphaProfit Sector Investors’ Newsletter Editor Sam Subramanian. Subramanian has set his buy target slightly below the stock’s current price, so try to buy on a pullback or correction to reduce your risk.
“ValueClick, Inc. (VCLK, $20) shares are a play on growth in online advertising. During the third quarter, the online marketing services company’s revenue increased 26%. EPS exceeded analysts’ estimate by 57%. ValueClick’s fourth quarter results can receive a boost from rising ad spend by online retailers.
“The $300 million Dotomi acquisition strengthens ValueClick’s long-term mobile, video and international growth opportunities. Suiting risk-tolerant growth investors, ValueClick shares trade at 11.4X forward EPS, versus prospects for 20% EPS growth next year. The possibility of ValueClick attracting a buyout offer adds spice. Buy Below $18.15. Sell Above $20.05. Stop Loss: $10.55. Risk Rating: Above Average.”
- Sam Subramanian, AlphaProfit Sector Investors’ Newsletter, January 2013