For 25 years, Steven Halpern, editor of TheStockAdvisors.com, has surveyed the leading financial newsletter advisors asking for their favorite stocks for the coming year. This article is one of 100+ ideas in the Best Stocks for 2008 report.
"My favorite speculative pick for 2008 is QuickLogic (NASDAQ: QUIK)," says Paul McWilliams, editor of Next Inning. "This is a swing for the fence with a potential upside substantially over 100%. However, coupled with this potential upside are significant risks that investors should carefully consider.
"QuickLogic has been a niche player in the programmable logic market for nearly two decades, but due primarily to the fact that its parts could not be erased and reprogrammed, it never developed meaningful traction. However, what worked against QuickLogic in the past is now working in its favor.
"Manufacturers of battery-powered high-end consumer devices must minimize power consumption and often require instant-on capability and desire strong copy protection -- all areas where QuickLogic excels. And, even more important for QuickLogic, these customers not only couldn't care less if a part can be reprogrammed; they don't even want to deal with programming it once.
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