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Daily Alert - 9/17/19

This tech company is seeing interest from some big pockets on Wall Street.

This tech company is seeing interest from some big pockets on Wall Street. Analysts expect it will grow by 25% annually over the next five years.

USA Technologies, Inc. (USAT)
From The Cheap Investor

USA Technologies, Inc. (USAT) provides wireless networking, cashless transactions, asset monitoring, and other value-added services in the United States and internationally. It designs and markets systems and solutions that facilitate electronic payment options, as well as telemetry and machine-to-machine (M2M) services.

The company’s ePort Connect solution offers various POS options, card processing, wireless connectivity, customer/consumer, online sales reporting, M2M telemetry and DEX data transfer, over-the-air update capabilities, deployment planning, and value-added services, as well as planning, project management, installation support, marketing, and performance evaluation services.

While the stock has begun to rebound from a 52-week low, we strongly believe this stock could
double. The biggest reason to like this stock is because of the addition of Hudson Executive
Capital, which disclosed a 12% stake in the company back in May 2019, buying 4.25-million
Shares between $5.69 and $5.80 a share. Two, another beneficial owner just added a
million shares on August 1, 2019.

Ian Cooper, The Cheap Investor,, September 2019