Topic: How To Invest

Q: I am wondering what TSI’s thinking is on a stock called InTEST (INTT), trading on the NYSE. Thank you.

Article Excerpt

A: InTEST Corp., $11.70, symbol INTT on New York (Shares outstanding: 10.8 million; Market cap: $126.2 million; www.intest.com), is a global supplier of test and process systems used in manufacturing and a wide range of markets. Those industries include automotive, defence/aerospace, medical, semiconductor production and telecommunications. The company’s prominent customers include Lockheed Martin, Texas Instruments, Google, Qualcomm, Sony, Tesla, Boeing, Intel and NASA. InTEST operates in two business segments: Thermal Solutions aims to deliver precise temperature testing environments, from ultralow to high heat, for electronic and production tests. Through its Ambrell division, it offers induction heating systems that deliver the varying but exact temperatures needed for all kinds of metal production. Its equipment is used in conditioning, bonding, brazing, curing, forging, hardening, melting, sealing, shrink fitting, and soldering metal. Electromechanical Semiconductor Products sells semiconductor (computer chip) test products. These include manipulators, docking systems and custom electrical interfaces used in the production of chips. In 2017, the company’s revenue rose 66.2%, to $66.8 million from $40.2 million…