This week, Senetas Corporation Limited (SEN) – designer and manufacturer of encryption hardware – gets the thumbs up from the CEO of Lincoln Indicators, Elio D’Amato.
“The company reported a solid FY15 result, with Senetas Corporation’s net profit before tax and significant items for the year at $5.673 million, up 109.9% on the $2.716 million reported during the previous corresponding period (PCP),” he says. “Management expect both profit growth and cash flow to be driven from strong industry fundamentals…”
Another company on the likes list is Australian retailer Harvey Norman (HVN) – Michael McCarthy’s pick. He says the stock is attractive at levels anywhere below $4.