I released this pick on my Twitter site a few days ago and have followed it since.  I didn’t have time to do a blog on it until now.  I think that the trend is ZAGG’s friend once again.

ZAGG was one of last year’s stock stars vaulting from $1.00 to almost $8.00.  And, like most stars in the stock market, it was a “shooting star” and its fall was almost as dramatic as its rise. The stock hit a low of $2.10 just a few days ago (that is when I posted it to Twitter) and has made a strong recovery.  A recovery that I think might have some legs.

This is strictly a chart play.

Oh, yeah…what does ZAGG do?  ZAGG Incorporated designs, manufactures, and distributes protective coverings, audio accessories, and power solutions for consumer electronic and hand-held devices.  ZAGG is solidly profitable, has cash in the bank and no debt.

Will ZAGG get hot again.  Watch it and see.

Jeffrey Dean