This digital printing company beat analysts’ estimates by three cents last quarter, and is forecast to grow at more than a 50% rate for the next five years.
Kornit Digital (KRNT)
From Dividend Lab
The financials of Kornit Digital (KRNT) are good, earnings per share are above estimates, and the stock has innovative technology in the digital printing space. The market cap is below $700 million.
The technology is interesting and performing excellent. I consider this to be an above average risk stock with excellent potential. I would not buy it for a conservative holding. Amazon’s 9% holding indicates a potential for high growth. Both Wal-Mart and Amazon are acquiring niche websites. Kornit’s digital printing products offer growth in future technology. Revenue and profits will be the defining terms of success.
I am looking at Kornit in terms of future product development. Digital printing could impact e-books, e-documents, and every concept in the written press. Jeff Bezos of Amazon owns the Washington Post. The Kindle is an excellent electronic reading tool. There are future opportunities that do not exist today.
Todd Johnson, Dividend Lab, www.dividendlab.com, 505-514-0036, March 24 & March 31, 2017