PCTEL Continues To Be A Sound Income Play

Nov. 30, 2021 11:55 AM ETPCTEL, Inc. (PCTI)2 Comments

Summary

  • Due to the rangebound nature of this stock, the 4% dividend should get extra attention.
  • We continue to expect a sharp rebound in profitability next year.
  • This should lead to more buybacks and more growth in the dividend over time.
  • Looking for more investing ideas like this one? Get them exclusively at Elevation Code. Learn More »

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When we look at a long-term chart of PCTEL (NASDAQ:PCTI), we can see that shares have been basically stuck in a trading range for the best part of two decades now. On the surface, this may

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