JST (Long)...

Jinpan International is a Chinese company that designs and manufactures electrical infrastructure equipment including cast resin transformers, switchgears, unit substations, and line reactors. It operates in China, Europe, and the US. JST pays a small dividend and is not optionable. It doesn't report earnings again until late March or early April.

JST scores a 1/2 on the screens. It scores 93% on the Peter Lynch screen, 86% on the Warren Buffett screen, 77% on the Martin Zweig screen, 76% on the Motley Fool screen, and 71% on the Momentum screen.

JST has undergone a pretty steep correction in the past week or so, falling from $52 to the current level of $43.50. I view this correction as a buying opportunity, as the 50-day EMA is about a dollar below current levels. JST is pulling back from all-time highs, as well. I'm looking to take a starter long around current levels, but if it fails to hold the 50-day EMA, then I'd probably sell that starter for a minor loss. If it fails to hold the 50-day EMA, I believe a fall back toward the August highs at $38 is not out of the question.



Position: none

Disclaimer: This is not a recommendation and is presented for informational purposes only.