Also, the panel checks in with Manish Vora, Director of Research at Monness, Crepsi and Hardt, a boutique investment firm founded in 1964 that specializes in small and mid-cap names. He joins the panel from PJ Clarkes on the Hudson.
Here’s a summary of his main points.
* Manish is looking to financials that has been needlessly beat up by the so called credit crunch
* In particular, he likes Diebold (DBD), which is perhaps better know for its voting machines than its core business of making ATM machines
* The stock has sold off on fears that U.S. banks will not upgrade their ATMs, but he doesn’t think that will be the case in India and China.
* The company is close to resolving SEC issues, and has been plagued by inability to sell voting machine business.