PSP Free Members,
I wanted to send out an immediate alert on our new Tech-pick that I believe could be poised for a breakout in the month of November.
The company is: Dataram Corporation (DRAM)
DRAM is currently trading around 1.20 per share, but appears to be setting up for what could be a breakout rally in the month of November on strong financial news, as well as an increase in volume over the last few trading sessions.
Founded in 1967 and headquartered in Princeton, NJ, Dataram is a US based, leading independent manufacturer of memory products and provider of performance solutions that increase the performance and extend the useful life of servers, workstations, desktops and laptops sold by leading manufacturers such as Dell, Cisco, Fujitsu, HP, IBM, Lenovo and Oracle.
Why do I think DRAM is poised for a breakout this month?
Earlier this year, DRAM began an aggressive transformation in order to improve its market position.
Since then, the company has reset its business strategy, adding new talent, realigning its global sales team, and has deployed a new CRM solution and developed and communicated a new value proposition to its business partners and customers.
Now it looks like its efforts are beginning to deliver quantifiable results as demonstrated through its dramatic increase in revenues for its quarter ending July 21, 2015
Reporting its Q1 2015 results just this past September, DRAM saw gross profit nearly double from its previous quarter, in addition to a more than $2M increase in total quarterly revenues, and looks poised to continue to see those upwards trends moving forward.
I am urging all members to begin your research right away and lets be ready for DRAM this month, as it looks poised for a strong rally in the weeks ahead on strong news.
-James
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NEW PICK
Dataram Corp
DRAM
DRAM Chart
Currently Trading: 1.21
Dataram Corporation
Founded in 1967 and headquartered in Princeton, NJ, Dataram is a US based, leading independent manufacturer of memory products and provider of performance solutions. Additionally, Dataram manufactures and markets a line of Intel Approved memory products for sale to manufacturers and assemblers of embedded and original equipment.
Dataram Demonstrates Commitment to Quality and Engineering Excellence
On October 15, 2015, DRAM announced that it has successfully completed a planned three-year recertification audit by an independent, accredited ISO assessor, and was found to have maintained compliance—without issue or comment—with the requirements of ISO 9001:2008, an internationally recognized standard for quality management and quality assurance.
Dataram's Quality Management System (QMS) has complied with the requirements of ISO 9001:2008 since 1998. The Certificate of Registration applies to Dataram's corporate headquarters in Princeton, NJ for Sales and Technical Support and to its manufacturing facility in Montgomeryville, PA for Design, Manufacture, and Distribution. A copy of the Company's Certificate of Registration can be found on its website at www.dataram.com.
Earlier this month, Dataram celebrated a milestone with CMTL (Computer Memory Test Labs), the industry's leading independent memory compatibility and functionality testing lab, which announced that its 25,000th test number was completed using Dataram memory. Dataram was the first company to sign up for the CMTL/Intel Advanced memory compatibility and functionality-testing program almost 20 years ago.
"Providing memory solutions that exceed our customer's expectations has always has been critical to Dataram's success. We ensure our memory products are of the highest quality and reliability, and 100-percent functionally compatible with our customer's platforms", said Phillip Muck, Dataram's Engineering Group Leader and ISO Management Representative. "Our QMS is at the core of our business. It allows us to meet the needs of customers who require BOM (Bill of Material) control so they can receive the identical product order after order, time after time. It's because of our nearly fifty year focus on quality, engineering expertise, and technical excellence that we can provide advanced features and functions in our products that enhance and extend RAS (Reliability, Availability and Serviceability)."
DRAM Technical Indicators:
DRAM’s transformation efforts have begun to deliver quantifiable results as demonstrated through its growing pipeline and increasing revenues.
Reporting its Q1 results of 2015 for the period ending July 31, 2015, DRAM showed a significant quarter-over-quarter increase in both gross profit and revenues, reporting a gross profit of over $1.4M on total quarterly revenues of $7.74M, compared to gross profits of just $738K on revenues of just over $5.6M for the previous quarter.
Currently trading around 1.20 per share, DRAM is trading well below its 52 Week High of 3.57 per share, giving it plenty of room for potential gains moving forward, and could prove to be well undervalued at current levels.
DRAM is no fly by night operation, having been in business for nearly 50 years and establishing an impressive presence within the industry.
A worldwide leader in the manufacture of memory products, DRAM’s solutions are deployed in 70 of the Fortune 100 companies in addition to both government and enterprise organizations around the world!
Now, the company looks to be offering investors an incredible opportunity as it continues to focus its efforts to re-emerge as one of the top growth firms in the industry in 2015.
I am urging all members to put DRAM at the top of your watchlist right away as it looks like DRAM could be setting up for a big move in the days and weeks ahead!
Happy Trading,
-James
