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Why we are buying this undervalued US communications stock

Why we are buying this undervalued US communications stock

We first mentioned this stock in our briefing to subscribers on Tuesday, as we liked its value characteristics. Between then and now, the company has confirmed the appointment of a new CEO, which has added another 28% to the stock value. We won't be booking that to our official performance for this value play, but we are officially tipping it today.

If you are a regular subscriber, you will already know we are talking about a US-listed satellite technology and chip making company which we see as spectacularly undervalued following consistent selling down of the stock over the last year or so. It now looks like a potentially very interesting value opportunity and could really achieve some significant upside in the next 3-6 months.


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