Geoeye Inc. Com (GEOY)

[frenchee]

GeoEye Inc. (NASDAQ: GEOY): GeoEye is a leading provider of global space-based and aerial imagery and geospatial information.

GeoEye’s imagery is used in a broad array of applications that include: government monitoring and surveillance, intelligence gathering, construction planning, scientific research such as environmental monitoring, and the online mapping industry via Google (NASDAQ: GOOG), Yahoo! (NASDAQ: YHOO), Microsoft (NASDAQ: MSFT) and other partners.

GeoEye is a slight notch below AAR in my recommendation list merely because it has already appreciated about 50% from its lows this summer of about $16.00 per share to its current level of $24 per share.

That being said, I still feel that we have just gotten started with GeoEye, and that now, especially after the recent successful launch and check-out of GeoEye-1 on September 6th, GeoEye’s year-over-year comparisons will make the stock look ridiculously cheap, which it is.

Now that GeoEye-1 is launched and all but up-and-running, GeoEye is the best company in the commercial imagery space when compared to its rival DigitalGlobe (NYSE: DGI).

If you’ve got new money to invest, GeoEye is my #1-B recommendation. 29 Sep 08 by Chris Fernandez