🚀 $CNDT: The $4 AI Tech Stock That Wall Street is Sleeping On (Microsoft AI Partnership)
Found an interesting play I wanted to highlight for the sub. Not invested yet but doing my DD and thought I'd share what I found.
TL;DR:
- Current price: $4.26
- Analyst target: $6.90 (62% upside)
- P/E ratio: 1.88
- Book value: $5.49 (trading below book)
- Real company, $3.5B revenue
- Profitable with $434M income
Why This Caught My Eye:
- These Numbers Look Broken:
- P/E ratio: 1.88 (market average is ~20x)
- Trading below book value (P/B: 0.78)
- Price/Sales: 0.19
- $2.55 cash per share (over half the stock price!)
- Actually Making Money:
- $434M income (TTM)
- 12.37% profit margins
- Healthy 1.75 current ratio
- Real revenue: $3.5B
- Technical Setup:
- Above all major moving averages
- SMA200: +18.36%
- Building momentum
- Low float (143M shares)
- Institutional Backing:
- 72% institutional ownership
- $6.90 price target
The Risks:
- Carl Icahn just dumped his position in June
- Small cap = volatility
- Business restructuring with segment sales
- Beta of 1.48 (prepare for swings)
Recent News:
- BNY partnership for pension solutions
- Named in "Top 100 Global Most Loved Workplaces"
- Multiple government contract wins
- Noble Capital initiated coverage with $9 target in March
Why It Could Run:
- Ridiculously undervalued compared to peers
- Trading below book value = floor?
- Strong technical momentum
- Real company with real revenue
- Fresh analyst coverage
Options: Available but spreads are wide
Remember: This is just my research, do your own DD. Not invested yet but watching closely. This is not financial advice.