At first glance, Boingo Wireless (WIFI) may not seem like an ideal investment. With 2013 profits estimated to reach just 6 cents per share, shares closed at over nearly 108x estimated 2013 earnings on June 19. However, when investors look underneath the surface, they will see a multitude of favorable attributes. Boingo is executing on a number of strategic initiatives, has a solid growth trajectory and a clean balance sheet rich in cash and investments, capital that the company is set to deploy in 2013 and the years beyond.
With shares of Boingo down over 14% year-to-date, and down over 50% since its May 2011 IPO on concerns over Wi-Fi's long-term sustainability, as well as missed...
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