Hello fellow traders and investors, here's another trade idea. LOGI has recently pulled back to the bottom of the channel. If it makes a recovery to the take profit area it offers around a 15% ROI.
Technicals: The RSI indicates that Logi is oversold
When To Buy: When I see some good buying volume I will buy more but I am aiming to load up under 105$
When To Sell: The take profit area
Fundamentals: LOGI engages in the design, manufacture, and marketing of peripherals for PCs, tablets, and other electronics. It offers headsets, speakers, mice, keyboards, and webcams. The firm's brand includes Logitech, Jaybird, of Ultimate Ears, Logitech G, ASTRO Gaming, and Blue Microphones. Their fundamentals are absolutely amazing sitting at around a 19.21 P/E, a P/S of 3.35, a debt/equity of 0, a growth in sales Q/Q of 84%, an EPS growth Q/Q of 220%, a profit margin of 12.80%, and a short float of 6.70%.
Rating: 95/100 I rate this company 95/100 since fundamentals are amazing and they are a great company. I am personally invested and will most likely buy more if there's some good buying volume.
I hope you enjoyed this quick analysis and many more to come. If you enjoyed leave a like, follow and comment your thoughts. If you have any questions send me a message and I'll gladly respond. Thanks.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.