Dolby Labs: When To Buy
BL | Dec 13, 2012 10:35AM ET
Dolby Laboratories, Inc. (DLB ) develops and delivers products and technologies used in the entertainment industry. Its audio technologies are used throughout the global entertainment industry. It is developing and marketing video technologies to improve the quality of video presentation. Its offerings include video products aimed at the cinema market, such as its digital cinema server, its Dolby three-dimensional (3D) Digital Cinema products, and its Dolby PRM-4200 Professional Reference Monitor.
DLB is a great company that is trading at very cheap valuation. According to our discounting cashflow model, this stock is deeply undervalued. Today (refers to 7 December 2012) I am buying DLB at $33.58.
DLB is trading near to support level at $30:
Fund managers have been buying DLB recently. Surely they see value in its current price.
DLB has been generating rising Revenue, Earnings, and Cash Flows for many years:
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