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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