Inseego's Huge Turnkey Enterprise Network Business Opportunity

Shareholders Unite
Investing Group Leader

Summary

  • There is a bit of a race going on between the terrible financials and the increasing attractiveness of Inseego's enterprise business.
  • Supply chain troubles and the Chinese lockdowns could delay their 25% FY revenue growth and produce positive cash flow by yearend by a couple of months.
  • However, their enterprise business is coming into better focus, and pulling their Ctrack asset tracking business into it offers customers a one-stop solution.
  • We think the company has a tremendous opportunity here if it can navigate the next couple of quarters. Growth in 5G and SaaS is already very impressive, at 68%.
  • Looking for more investing ideas like this one? Get them exclusively at SHU Growth Portfolio. Learn More »

Global Communication Network

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Inseego Corp. (NASDAQ:INSG) has had a very rough time after the height of the 4G/work-from-home rally that took the shares to $20 early last year.

But even then the seeds of an even bigger wave

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This article was written by

Shareholders Unite
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Shareholders Unite is a retired academic with 30+ years of experience in the financial markets. He looks to find small companies with multi-bagger potential while mitigating risks through a portfolio approach.

He runs SHU Growth Portfolio where he offers wide coverage of several small companies with high growth possibilities. He has a buy and hold approach with tranche purchases of stocks of interest. The service features an illustrative portfolio to incorporate into your portfolio, buy alerts, weekend stock and market updates, and a chat room. Learn more

Analyst’s Disclosure:I/we have a beneficial long position in the shares of INSG 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.

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