Stock Picks – AU Optronics Corp-AUO

by Sam Collins | January 15, 2010 11:33 am

 

AU Optronics Corp. (AUO[1]) – This Taiwan-based company is a global supplier of thin-film transistor (TFT) LCD panels.  

 

The stock broke out from a spread triple-top on Dec. 31 at $12, and ran to $13.30. But the recent market correction and profit-taking have resulted in a pullback to under $12. 

The December breakout gave a trading target of $16.25. 

S&P rates AU Optronics a “four-star buy” with a 12-month target of $16. 

The company reports earnings on Thursday, Jan. 28.

---

How to Find the Hidden Money-Doublers in Today’s Market
This market is packed with opportunities to make big money … if you know where to look. Find the hidden money-doublers in today’s stock market. Learn more in your FREE Options Report.[2][3]

Source URL: http://www.investorplace.com/2010/01/stock-picks-au-optronics-corp-auo/
Short URL: http://www.investorplace.com/?p=5989

---