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Aug
29

Uber stock pick: MCZ (Mad Catz Interactive)

Posted by Guru

Mad Catz Interactive (AMEX:MCZ)

First a little about the company:

Mad Catz Interactive, Inc. (Mad Catz) designs, manufactures (primarily through third parties in Asia), markets and distributes accessories for video game platforms, personal computer (PC), and to a lesser extent, the iPod and other audio devices. Mad Catz’s products include videogame, PC and audio accessories, such as control pads, steering wheels, joysticks, memory cards, video cables, light guns, flight sticks, dance pads, microphones, car adapters, carry cases, mice, keyboards, and headsets. The Company also markets GameShark videogame enhancement products and publishes videogames. The Company’s accessories are marketed primarily under Mad Catz, Saitek, Joytech, GameShark, and AirDrives brands. It also produces for selected customers a limited range of products, which are marketed on a private label basis.

This is going to be a short post until we have time to add a little more, but here’s the thing Mad Catz got some huge news Friday, for example, getting the green light to produce acessories for Rock Band, which we all know is a huge title, and what are you going to do if you need an extra piece of hardware or if your old drum kit gets worn out? That’s right you buy the same quality for a lower price: MadCatz.

This stock shot up Friday just based on that news, then saw a little bit of a pull back towards the closing of the market. Well we feel like this is a great time to start watching MadCatz, it may see a dip monday which is alright we’re expecting a little of a pull back. If it does fall, it’s a good bet that it won’t be below .30 and there’s even more evidence it shouldn’t fall .22, if it even gets that low. So watch it and consider buying in to ride the Mad Catz train.

More to come

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