WidePoint +7.1% AH on bullish SA thesis


Shares of WidePoint (WYYjump 7.1% AH after SA contributor The Behavioral Economist makes the case for why shares are significantly undervalued, even in the context of their recent outperformance (shares are up 241% since the beginning of the year).

The author argues that Q3 results are stronger than they appear on first glance and that WidePoint's recent agreement with Compass Group, as well as "175 million dollars in current capitalization opportunities under contract," imply a valuation of $3/share (an upside of 138% from today's close).

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