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, support@thecheapinvestor.com, September 2019