Don't try to steal any thunder from this company (or anything, for that matter). It had one heck of a quarter, recovering quite a bit of green.
Most everyone knows about LoJack. The company implements a system that authorities can use to activate a tracking device hidden away in an automobile in the event that it has been stolen. The recovery rate is a reported 90% or greater -- pretty good for such a solution, considering the difficult nature of the problem.
W.D. Crotty wrote about LoJack back in February, and he echoed a thought that shot through my synapses: Why hasn't the market bid the stock up to a higher price per share? Like Crotty, I myself noticed that the system operates in less than half of the U.S., and growth prospects for the international side appear very appealing.
But, as he puts it, it's more of a "slow and steady" grower as opposed to a true, fiery growth vehicle. Even so, I'd imagine the premium to the earnings would be higher than it stands now. Goes to show you that everyone has a different opinion on what the reality for any given company's prospects are at any given time.
To borrow an example from W.D.'s article (although, I am using it in a different context here), there are many out there who believe Taser
What these results tell me is that LoJack is a collective of marketing genius. It has a fruitfully symbiotic relationship with Motorola
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Fool contributor Steven Mallas owns none of the companies mentioned.