Image Source: DepositPhoto

This comes from our MicroMarvel series of articles highlighting undercovered stocks with less than a billion dollars in Market Capitalization. These articles are not intended to be buy recommendations. They highlight stocks that may have limited trading volume and may be highly volatile, so if you do decide to add them to your portfolio I highly recommend you use stop losses and limit orders.

Today's MicroMarvel is the aerospace and defense company TAT Tech (TATT). I found the stock by using Barchart's screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum, and having a Trend Seeker buy signal, then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Seeker signaled a buy on 11/13 the stock gained 51.96%.

TATT price vs Daily Moving Averages (Barchart)

TAT Technologies Ltd., together with its subsidiaries, provides solutions and services to the commercial and military aerospace, and ground defense industries in the United States, Israel, and internationally. The company operates through four segments: Original Equipment Manufacturing (OEM) of Heat Transfer Solutions and Aviation Accessories; Maintenance, Repair, and Overhaul (MRO) Services for Heat Transfer Components and OEM of Heat Transfer Solutions; MRO Services for Aviation Components; and Overhaul and Coating of Jet Engine Components. It designs, develops, and manufactures a range of heat transfer solutions, such as pre-cooler and oil/fuel hydraulic heat exchangers used in mechanical and electronic systems in commercial, military, and business aircraft; environmental control and power electronics cooling systems for use in aircraft and ground applications; and a range of other mechanical aircraft accessories and systems, such as pumps, valves, and turbine power units. The company also provides MRO services for heat transfer components, as well as for manufacturing heat transfer solutions; and aviation components. In addition, it engages in the operation of a repair station, which provides heat transfer MRO services for airlines, air cargo carriers, maintenance service centers, and the military; and the overhaul and coating of jet engine components, including turbine vanes and blades, fan blades, variable inlet guide vanes, and afterburner flaps. The company was formerly known as Galagraph Ltd. and changed its name to TAT Technologies Ltd. in May 1992. TAT Technologies Ltd. was founded in 1969 and is based in Netanya, Israel. 

Barchart Technical Indicators:

• 100% technical buy signals
• 148.80+ Weighted Alpha
• 135.56% gain in the last year
• Trend Seeker buy signal
• Above its 20, 50, and 100-day moving averages
• 13 new highs and up 14.15% in the last month
• Relative Strength Index 70.52%
• Technical support level at $13.41
• Recently traded at $13.54 with a 50-day moving average of $11.78

Fundamental Factors:

• Market Cap $121 million
• Wall Street is not presently following this stock

Analysts and Investor Sentiment -- I don't buy stocks just because everyone else is buying, but I do realize that if major firms and investors are dumping a stock it's hard to make money swimming against the tide:

• The individual investors following this stock on Motley Fool voted 26 to 1 for the stock to beat the market with the more experienced investors voting 6 to 0 for the same result

More By This Author:

Chart Of The Day: Leidos - Profits In IT
Micro Marvel - Coya Therapeutics
Chart Of The Day: Howmet Aerospace - Is The Sky The Limit?