EMCORE Is Dirt Cheap at Current Levels
Often I would search the stock market dumpster for technology stocks that have been discarded by investors, where I feel there's an opportunity to buy someone else's trash and gain later.
Now, there's no guarantee that these battered stocks can be revived, but I found a micro-cap technology stock that is actually growing and is dirt cheap, based on the valuation.
The stock I'm looking at is EMCORE Corporation (NASDAQ:EMKR), which is down 15% this year and well off its 52-week high of $11.70 in July 2017. EMKR stock traded at many times higher in 2007/2008 so, the way I see it, there's a potential massive.
Den vollständigen Artikel lesen ...
Often I would search the stock market dumpster for technology stocks that have been discarded by investors, where I feel there's an opportunity to buy someone else's trash and gain later.
Now, there's no guarantee that these battered stocks can be revived, but I found a micro-cap technology stock that is actually growing and is dirt cheap, based on the valuation.
The stock I'm looking at is EMCORE Corporation (NASDAQ:EMKR), which is down 15% this year and well off its 52-week high of $11.70 in July 2017. EMKR stock traded at many times higher in 2007/2008 so, the way I see it, there's a potential massive.
Den vollständigen Artikel lesen ...