By: Michael E. Martinez

AVX is a company whom manufactures chips and components for electronics and various parts which stores electric energy. The company sells in the Americas, Eruope and Asia. AVX was founded in 1972 and is headquartered in Myrtle Beach, SC. It is a subsidiary of Kyocera, which is a major electronics manufacturer in Japan. Normally I reccomend companies that can make you money fast; but this time I'm reccomending a company that will make you money over a period of time.

The sector that AVX is in is experiencing flatening pricing in which these companies should benefit from. With the current mobile device revolution, the company should see expanded profits from the video game cycle as well. Recent comments indicate that end demand is improving, and inventories remain relatively low. High-end products are also in higher demand than the lower end commoditized components.

This stock won't take off like a rocket due to some of the lagging units of the business such as weaker unit volumes and slow demand in some sectors, but overall the medical equiptment sector is preforming well, therefore AVX should benefit in those areas as well. I expect this stock to be at $20 in the next six to twelve months.