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April 27, 2011 Stock Pick: OCZ Technology Group, Inc. (OCZ)

Stock Price: $7.61

OCZ Technology Group, Inc. (OCZ), is a leader in the design, manufacturing, and distribution of high performance and reliable Solid-State Drives (SSDs) and premium computer components. OCZ has built on its expertise in high-speed memory to become a leader in the SSD market, a technology that competes with traditional rotating magnetic hard disk drives (HDDs).

OCZ is the undisputed leader in the SSD space. Solid state drives (SSDs) are the fastest hard drives available. They don't require any moving parts and are the next generation of hard drives. OCZ is competing with Intel in the SSD industry and beating them.

The OCZ brand has garnered a lot of respect through benchmarks that show that their drives are the fastest around. We believe this is an advantage that they can maintain as they have intellectual property and a design team second to none in the SSD industry.

SSD's are important in everything from desktop computers to smart phones to laptop computers. We believe that OCZ is undervalued right now trading at a market cap of only around $260 million.

OCZ has zero long-term debt and over $20 million on the balance sheet as of Nov. 30, 2010.

OCZ is at a nice point in its chart. Overall, OCZ is in an uptrend and has corrected from a recent high of $9.97. We believe we could see OCZ trade over $10 in the short-term and into the $20's long-term.

We believe OCZ will become a billion dollar plus company in the next few years. Reaching this would be very rewarding to those investing in OCZ around its current price point.

We are giving OCZ our least speculative and most confident score of 1. We believe this is a very solid play and big winner long-term.

Speculative Score: 1

1 Being the Least Speculative and Most Confident

10 Being the Most Speculative and Possibly the Most Risky


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