Logitech is a world leader in leveraging its ergonomic and tech-advancing research across multiple platforms: keyboards, mice, game consoles, headsets, speakers, and remote controls, among other products.
Additionally, trendsetter Logitech has other competitive advantages, including: multiple price points, rigorous cost containment, and outstanding supply chain management.
Sluggish pc demand is one headwind, but look for LOGI's position in other products to keep earnings in-line with estimates. The First Call FY2009/FY2010 EPS estimates for LOGI are 24 cents to 70 cents.
Stock Analysis: Logitech is a moderate-risk stock. If you've already purchased the company's shares, hold them. If not, consider buying a 50% position in LOGI now; then buy another 25% in three months, if U.S. and global economic conditions don't worsen substantially. Under any circumstance, don't buy more than 75% of your LOGI position before October 2009. Sell/Stop Loss if you were to buy shares in this company: $6.
Disclosure: Lazzaro has no positions in stocks, but does own shares in two Pimco Bond Funds: PHDAX and PYMAX.










