[Intuitive Pick] American Science & Engineering

We’ve heard so much about terrorism, well after British officials thwarted terrorist attempting to fly to America, you can be sure the security stocks will be flying for the next few days. There’s a lot of wannabe security stocks out there, but the one company with real and great prospects is American Science Engineering (ASEI). This was actually a Motley Fool Rule Breaker Pick back in February 2006, but they were ahead of their time. The stock got hit hard a few days ago after reporting a loss. But that dip in price turns out to be a great opportunity for new money. I rarely see a combination like this:

• Terrorism awareness is becoming greater due to tensions brewing in Middle East and Afghanistan.
• An actual terrorist attack was thwarted today in England
• American Science Engineering (ASEI) got hammered two days ago after reporting earnings sending stock to its 52-week low! Read: Super cheap.
• ASEI was extremely oversold yesterday.
• ASEI gets two upgrades in one day, today: “Buy” by Roth Capital, and “Hold” by Stanford Research.
• And for future prospects, we can expect the U.S. to increase airport security standards

The stock is already up over $8, and there are no resistances until it fills the gap around $48! (Sorry, can’t post the article. Not in the mood to get a cease & desist letter).