Planar -- PLNR -- $2.88
PLNR is up from $2.10 at the time of my 18 November 2010 recommendation to $2.88, a gain of more than 35%. Not bad for a bit over 6 months. Since the recommendation, management has identified the "Quick Serve Restaurant" industry as a significant driver of revenue growth over the intermediate term. They have indicated that management has significantly improved visibility into future growth for displays that will allow companies such as McDonald's to upgrade the displays used in their drive-through lanes.
Indeed, the movement in the stock's price coincided with an analyst trip that MCD sponsored for Wall Street analysts to visit two of their "model" new "remodels".
If the 11Q2 earnings report soon to be reported does not demonstrate continued improvement in financial performance, the stock could pull back, but the intermediate-term outlook appears to favor higher prices in another 6 months as long as the world doesn't completely fall apart, thanks in part to the company's still-significant cash position and debt free status.
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