Cogent Communications Holdings: Recent Declines Lead To A Tempting Investment

Cash Builder Opportunities
Investing Group Leader

Summary

  • CCOI came up in one of our recent screening pieces to dig up interesting dividend plays.
  • This company had initially piqued my interest and, upon further digging, seemed that it could be appropriate for a more speculative position.
  • Recent declines make it a tempting position despite trading higher than it had historically been.
  • This idea was discussed in more depth with members of my private investing community, Cash Builder Opportunities. Learn More »

Global Communication Network

imaginima/iStock via Getty Images

Written by Nick Ackerman

Cogent Communications Holdings (NASDAQ:CCOI) is an internet service provider company with operations around the globe. Every day the internet becomes more and more necessary for the functions of society. Suffice it to

Interested in more income ideas?

Check out Cash Builder Opportunities where we provide ideas about high-quality and reliable dividend growth ideas. These investments are designed to build growing income for investors. A special focus on investments that are leaders within their industry to provide stability and long-term wealth creation. Along with this, the service provides ideas for writing options to build investor's income even further.

Join us today to have access to our portfolio, watchlist and live chat. Members get the first look at all publications and even exclusive articles not posted elsewhere.

This article was written by

Cash Builder Opportunities
5.22K Followers

Cash Builder Opportunities (aka Nick Ackerman) is a former fiduciary and a registered financial advisor with 14 years of investing experience.

He is the leader of the investing group Cash Builder Opportunities, where his specific focus is on closed-end funds, dividend growth stocks, and option writing as an attractive way to achieve income. He shares model portfolios and research to help investors make better decisions, via his Investing Group’s active chat room.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of VZ either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

This article was originally published to members of the Cash Builder Opportunities on January 11th, 2022. May initiate a position in CCOI over the next 72 hours.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

About CCOI Stock

SymbolLast Price% Chg
Market Cap
PE
Yield
Rev Growth (YoY)
Short Interest
Prev. Close
Compare to Peers

More on CCOI

Related Stocks

SymbolLast Price% Chg
CCOI
--
Compare

Trending Analysis

Trending News