UTStarcom Holdings Corp. (NASDAQ:UTSI)
CAPS Rating:
The Company designs, manufactures and sells telecommunications infrastructure, handsets and customer premise equipment and provide services associated with their installation, operation, and maintenance.
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Stock is extremely undervalued at its current price. Almost 50% of book value alone. This will become the absolute stock pick of the year. As soon as they become current in Financials within a few weeks, the shorts will be squeezed, the stock will become hot once again. UTSI has landed more contracts than ever in the past few months. Reasonable 1 year outlook is 20 to 25. 2 Years or more is50 and up.