Stock idea – AU Optronics

http://finance.yahoo.com/q?s=auo is the Yahoo! finance quote of an interesting stock. According to this data the PEG ratio is .12! You wouldn’t expect such a nice number from a tech stock, but AU Optronics makes LCD panels. I haven’t done any research on this yet, but I’m guessing that the percentage of computers being shipped with LCD screens is on the rise. Throw in a .77% dividend and this has the appearance of a very interesting stock. I’m going to go do some more research…

2 Responses to “Stock idea – AU Optronics”

  1. dupontisawesome says:

    wow, surprising this hasn’t gotten much press. I think we missed the boat on this one but it’s going on my watch list. I own MC right now which is on a mini-roll of late and has more of an upside. I’m curious what you think of MXO Maxtor the hard disk maker, it’s competitor Western Digital just got upgrade and Maxtor looks attractive at these levels

  2. James Trotta says:

    The numbers look good at first glance. AS you may have noticed from the stocks I write about, I love dividends. I would say that AU Optronics has more appealing numbers, specifically PEG ratio and dividend.

    However, I wouldn’t be surprised to see MXO ahve a big run up based on its one year target price.