I've first discusses Logitech International (LOGI) on January 21 of this year, claiming the computer peripheral/device maker could stand to gain from any positive development and recovery in the desktop segment. Logitech shares, which could be bought for $11.40 back then, have meandered for about three months, but just look on that sideways action that I consider as an extended buying opportunity. Here's why: Pretty much, not much has changed. I'm still looking for a very healthy 20% to 25% revenue increase with LOGI in 2010, on the continued recovery in PC sales. Logitech is a world leader in leveraging its ergonomic and tech-advanced research across multiple platforms: keyboards, mice, game consoles, headsets, speakers, and remote controls, among others. My reasoning then remains that almost any positive data point for desktop computers causes Logitech's shares to move north.
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The new year 2010 will likely be a year characterized by a recovery in the personal computer market, and that's a major reason I'm reiterating my buy rating for Logitech International (
Institutional Investors are acting as forecast with
Just say it's time to scoop a few shares of Logitech. Most investors are aware of the internet's transformative properties. Well, Logitech is transforming the internet work experience into a more human-friendly environment.

