Logitech Remains a Logical Play

Filed under: Stocks to Buy

The new year 2010 will likely be a year characterized by a recovery in the personal computer market, and that's a major reason I'm reiterating my buy rating for Logitech International (LOGI), first recommended on April 13, 2009 at a price of $11.40. If you bought LOGI in April 2009, you're up a cool 52%.

Look for a very health 20-25% revenue increase for LOGI in 2010, on the continued recovery in PC sales. Logitech is a world leader in leveraging its ergonomic and tech-advance research across multiple platforms: keyboards, mice, game consoles, headsets, speakers, and remote controls, among others. Hence, almost any positive datapoint for desktop computers causes Logitech's shares to move north.

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Logitech Remains a Logical Play originally appeared on BloggingStocks on Thu, 21 Jan 2010 17:40:00 EST. Please see our terms for use of feeds.

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