Wayside: Consistency, Great Dividend, Rising Profits, And Upside Potential
- Wayside is an undervalued micro-cap offering sophisticated information technology solutions, and it focus on niche market segments.
- The company has no debt, has been profitable for over a decade, and pays a dividend yield of 4.33%.
- Being a solid company, it has plenty of room to develop the business, and can be a great investment.
- To significantly boost net income the company needs to increase gross margin just slightly; if it succeeds, valuation of ~$122M would lead to 60% upside.