Sunday, July 25, 2010

Top Nanotechnology Stocks

Nano means extremely small, and mathematically means one billionth. Nanotechnology is the science of manufacturing and utilizing extremely small particles and devices, sometimes as small as single atoms and molecules. A nanometer is one-billionth of a meter, which is approximately 80,000 times thinner than a human hair. Nanomaterials include carbon nanotubes used in electronics, body armor and cancer treatments, nanoclays which are used in composite materials, and nanoscale metals, alloys, and oxides, used in the energy and renewable energy industries. just came up with over 40 different companies that are involved in the nanotechnology field. They range from the microcaps (or should I say nanocaps?) to the major multi-billion dollar corporations. For some of these companies, nanotech may be only a small part of the business. Here are a few examples of companies involved in this fast growing field.

Amkor Technology Inc. (AMKR) is in the business of microelectromechanical systems, microelectronic assembly and testing. The stock has a reasonable PE ratio of 6.8 and a very favorable PEG of 0.53.

ABB (ABB) has a nanotechnology research division relating to surface structures and material parameters. The stock has a PE of 16.9 and unfortunately a very high PEG of 13.9. However, the company does pay a yield of 2.4%.

Taiwan Semiconductor Manufacturing (TSM) manufactures microprocessors and microcontrollers. The stock has a PE of 14.3 and a decent PEG of 0.84.

Eaton Corp. (ETN) makes micro and nano connectors. The stock has a PE of 16.7 and a PEG of 1.47, with a yield of 2.7%.

Cabot Microelectronics Corp. (CCMP) develops proprietary Advanced Nanoscale Surface Technology is designed to deliver Angstrom level finishes. The stock has a PE of 17.2 and a PEG of 1.35.

An Excel list of over 40 nanotechnology stocks along with a description of their connections to nanotechnology, which can be downloaded, sorted, changed, and added to can be found at

Author does not own any of the above.


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