It's been a disappointing few years for shareholders of Novatel Wireless (NVTL). As you can see, the price action has not been kind. Yet, after a series of down years, Novatel could be turning a corner. Its balance sheet and patent portfolio protects on the downside, meanwhile, its product capabilities offer tremendous potential in a market that demands to be "always connected."
So now could be a great time for investors to get in ahead of earnings on November 6. While the stock is up over 145% YTD, the company has a lot of "underappreciated"potential and over the long-term could be a multibagger.
Very few investors realize that Novatel actually...
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