Hidden value

Which small stocks have bright prospects? Three top picks from expert investors.

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California Micro Devices
California Micro Devices
California Micro Devices' 1-year performance versus the Russell 2000 index.
Nasdaq: CAMD
2007 Revenues: $68 million
Profits: -$81,000
P/E: N/A

This manufacturer of semiconductor products for mobile handsets, consumer electronics, and computers could be an acquisition target. The stock is down roughly 35% year to date, hovering around $3.50, while the company has about $2 per share in cash. Mario Gabelli, whose GAMCO Investors manages a variety of mutual funds and private accounts with combined assets of more than $30 billion, likes the stock.


NEXT: CommScope
P/E based on 2008 estimated earnings.
LAST UPDATE: May 29 2008 | 11:18 AM ET
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