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Bull’s Eye Report: FLIR Systems (FLIR)

Try FLIR for a jump back up to its highs in early August


At, we strive to “own the best and ignore the rest” in our equity portfolios. Toward this end, each day we search our database for a “top stock” (a top rated company in terms of earnings strength as well as company and industry performance) that presents a strong technical “set up” and a good entry point.

In short, when our equity team is looking to add a stock to one of our portfolios, the “bull’s eye” stock shown below is generally their first choice.

Company Symbol Industry Stock Rating YTD% Gain S.T. Stop Loss
FLIR Systems FLIR Defense 7.9 +42.76% $31.27

Why We Like The Stock:

FLIR Systems (FLIR) is our most compelling buy today due to the fact that it is a top-rated stock (in terms of earnings strength and company/industry performance). Defense stocks have been steady out-performers this year, as evidenced in related companies like L-3 Communications (LLL), United Technologies (UTX), and General Dynamics (GD). FLIR experienced a significant leg up from mid-June to early August, going from $24 to just south of $34. Since its early-August highs, the stock has consolidated into early September, forming a nice base just above $31. Buyers have entered back into the fold, and FLIR looks poised to run higher once again. The stock is pushing right near its 5- and 10-day moving averages, which bodes well in the short-term. We like FLIR at current prices as long as it can stay above the 50-day moving average.

We Would Be Buyers:

At the current price (~$31.89) or on a pullback to the 50-day moving average ($31.43).

Company Profile:

FLIR Systems is a designer, manufacturer, and marketer of thermal imaging systems. The company’s advanced sensors and integrated sensor systems enable the gathering and analysis of critical information through a range of applications in commercial, industrial, and government markets worldwide. Its business is organized into two divisions: Commercial Systems and Government Systems. Commercial Systems division includes Thermal Vision & Measurement and Raymarine. Government Systems division include Surveillance, Detection, and Integrated Systems. It offers a range of sensor products, including infrared imaging cameras and systems, detector cores, CBRNE threat detectors, test and measurement instruments, radars, maritime electronics, and related products and solutions. In August 2013, Tessera Technologies Inc announced that FLIR Systems, Inc. acquired a portion of the assets of Tessera’s Micro-Optics business based in Charlotte, North Carolina.

Stock Rating: 7.9

The Stock Rating indicates the combined score of our proprietary Earning Strength and Company Performance models. The rating scale is 0 – 10 with 10 being the highest.

FLIR Systems – Last Three Months


FLIR Systems – Last 12 Months


FLIR Systems – Last Five Years


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At the time of publication the editor and affiliated companies own the following positions: None

Note: Positions may be bought or sold while this publication is in circulation without notice.

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