ALY ($14.20). Think you are right and I bought some. Earned $.59 in the last quarter but even a small amount of growth in revenue could really impact the bottom line for ALY. In the last quarter when revenue went from $47M to $60M it doubled EPS from $.26 to $.53 despite a more aggresive tax rate in the latter quarter.
I will note ALY doesn't appear to be fully taxed. They are paying 20% right now. I don't think the price of oil at $60 will have much of an effect on ALY's business should it stay there. $60 oil is plenty high to encourage drilling and exploration activity.
FW P/E of 7 for a company that is growing at quarterly rate of something like 15% - 20%.
I am looking forward to see what sort of rebound, if any, we get next week in the beaten down O&G sector. With mutual funds clearing out anything out of favor to "sanitize" their reports, I suspect we may see a rebound next week in those with the most recent increase in earnings. Just a W.A.G.
ALY - Why didn't I put this stock in my "pick 6"? Big mistake there, but it has done very well for my real portfolio! I still think it's cheap given it's low PEG ratio!
News 
Market Data 
Discover 
