Jonathan Verenger
Long/short equity, growth at reasonable price, deep value, research analyst

NII Holdings Looks Very Undervalued

In many ways, this article is very similar to my articles on Nokia (NYSE:NOK) and Sony (NYSE:SNE), both of which I featured as companies with stock valuations far below the value of the sum of their parts. In September, I argued that NOK would outperform AAPL when AAPL was around $680 a share and NOK was at $2.80. Just a few weeks ago, I argued that SNE was being severely undervalued by the market when looking at the sum of its parts. It has since risen about 30% and looks to continue to add to those gains.

I believe NII Holdings (NASDAQ:NIHD) is very similar to both of these companies: a company with a...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details