L-1 Identity Sol (ID), Analogic Corp (ALOG)To Benefit From Security Scare
The U.S. airplane bomb scare had a negative impact on stocks today. However, there are certain sectors such as security instrument and identity management, which are likely to benefit from this incident.
Talking to CNBC, Arnie Ursaner of CJS Securities favored American Science & Engineering Inc. (NASDAQ: ASEI) and Analogic Corp. (NASDAQ: ALOG). However, he stated that although there is bound be an upward movement in demand, he does not expect a major spurt in the demand for the security products. Speaking at the same time, Michael French of Morgan Joseph & Co. liked L-1 Identity Sol (NYSE: ID).
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Posted-In: Arnie Ursaner CJS Securities CNBC Michael French Morgan Joseph & Co.Price Target Analyst Ratings Media