In today's frothy market, it's not easy to find US companies trading at P/E ratios below 6. But after the giant plunge in Support.com's (NASDAQ:SPRT) share price over the last few weeks, that's precisely where shares of SPRT sit on an ex-cash basis. The dramatic decline in Support.com's share price offers investors an opportunity to pay little for a company with a lot of potential.
For several years, Support.com languished in the consumer space, trying to find the right formula for a business model that pitched tech support services to consumers. It just could not figure it out, and the company's financials for the years 2006 to 2012 bear this out.
Since then, however, the company has...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|