I've posted notes on the TTM Technologies (TTMI) Q2 2013 analyst conference
I own TTMI stock, but have not been recommending it for a while. It has been digesting an acquisition, giving it a presence in the Asian printed circuit board (PCB) market, in addition to its North American operations.
Things seem to be going pretty well. Debt is being paid down even as investments are being made in advanced PCB technologies. Demand is picking up, and profit margins are improving. I would peg $16 as a reasonable stock price.
I'll write a longer analysis for Seeking Alpha, but I have quite a backlog at this point.
Keep diversified!
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