Conviction: 3/5
General Thesis
Growth
Value
Fundamentals & Balance Sheet
Potential Risks
General Thesis
- Weekly RSI looks is attractive but likely to go lower
- Daily RSI turning up from oversold positions
- breakout from 2012 down trend resistance, could be the start of a leg up!
- target $60
Growth
- Gross margins (57%) is pretty steady, at/near historical highs
- Revenue growth (1.32%) around 75th percentile
Value
- P/FCF below average (40th percentile)
- P/S below average as well (25th percentile)
Fundamentals & Balance Sheet
- quick ratio good (~1), although trending down
Potential Risks
- short history
- quick ratio has been deteriorating sincepeak in 2017
- price could continue to move down trend line
- stop loss at recent trough: $40