Back to top

Analyst Blog

Recently Pall Corporation (PLL - Analyst Report) launched a new purifier called Gaskleen. Along with high performance, Gaskleen will be useful for cost control and deriving benefits from economies of large scale production of light emitting diodes (LED). The product is primarily targeted toward high brightness light emitting diodes (HB-LEDs).

This new purifier will deliver pure ammonia required to increase the luminosity of LEDs, which in turn will double the service life of such purifiers compared with the other commercially available technologies. With this new product, Pall will be able to meet the rising industry demand for LED lamps as replacements for incandescent and CFL bulbs. Royal Phillips Electronics (PHG - Analyst Report) is one of the leading companies that manufactures and markets LED based lighting and automotive lamps and accessories.

The Gaskleen High-Bright purifiers will be included under Pall’s Microelectronics segment, which is mainly engaged in Chemical Mechanical Polishing (CMP) products for Semiconductor Manufacturing. The addition of Gaskleen High-Bright purifiers will enhance Pall’s product portfolio at a minimum additional operating cost. This is because Gaskleen is a combined assembly of Pall’s proprietary purification materials and Ultramet-L stainless steel filter media.

In the last quarter (second quarter 2013), Pall’s Microelectronics segment sales declined 7.6% year over year, primarily affected by the weak demand in global end markets for semiconductors and data storage products. Therefore, this new product with a high emerging market demand is expected to drive the segment’s sales going forward. In the last six months Pall’s Research and Development expenses went up by 16% year over year. The increase in expenses is reflected in the introduction of this new product.

Pall currently has a Zacks Rank #3 (Hold) compared with companies such as Calgon Carbon Corporation (CCC - Analyst Report) and CECO Environmental Corp. (CECE - Snapshot Report) having a Zacks Rank #2 (Buy) and operating in the same industry.

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
ERBA DIAGNO… ERB 3.00 +3.09%
SANCHEZ ENE… SN 34.18 +2.67%
THE PANTRY… PTRY 21.02 +2.09%
INTEL CP INTC 35.15 +1.88%
CLAYTON WIL… CWEI 117.30 +1.78%