Savvy Trades and Investments

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Solid Q3 for TAIT with earnings of .05/share vs. .04/share last year. When they raised the dividend earlier this month, thought they might be sitting on a blockbuster quarter. Nope. Q3 top & bottom lines down a bit sequentially from Q2. But still a nice quarter. And TAIT has a great balance sheet with .66/share in cash and a big dividend yield of 6.5%.

The main negative is some heavy China exposure. Most of their sales are in the US, but looks like most or all of their parts are from China.

Didn't expect the stock to do much today in this ugly market, and it's not. I'm actually somewhat impressed it's green. So far at least.

Link to the 10Q:

https://www.sec.gov/Archives/edgar/data/942126/000118518518002047/taitron20180930_10q.htm