6/13/24 - $ITI - Just watching EPS, no urgency to act6/13/24 :: VROCKSTAR :: NSE:ITI
20x PE, 50% gm... in theory growing mid teens. good zip code (security solutions etc). not an awful valuation. chart looks decent for something of this size. probably super volatile. don't need to own it, have a lot of complicated situation i'm wrangling already and this wouldn't be large/ only a trade and probably a distraction. think they'll beat - but unclear given valuation and capital structure if gets rewarded. i think tape is super rich on risk as well and small caps remain with outflows (still). so i'm biased to like this but see no merit to necking out on this EPS.
V
PS - I'd point out i like this vs. NASDAQ:AISP (which i wrote up recently) between the two. it's really a battle of picking marginally better co's which is dangerous, tough to do esp just looking at financials. just mentioning if i had to pick one of the two (and i don't) this is theoretically a better one w/ similar end market exposure.
