Tucows, Inc. (USA) (NASDAQ:TCX)

TCX provides network access, domain name registration, email, and other Internet services in Canada, the U.S., and Europe. TCX operates through two segments: Network Access Services (Ting) and Domain Services. TCX has the potential for a lot of optionality while the domain name business generates a lot of FCF for reinvestment. As a winner of the last 1Y, 5Y, and 10Y frame, TCS has hat it takes to keep winning over the next 5Y-10Y.

Stock is priced to perfection. It is a darling for the hype boards however reality normally knocks it back down. Recently missed on BOTH EPS (missed by .14 vs consensus and .02 yoy) and missed on revenue by close to $3 million. If that isn't enough the company doesn't OWN its fastest growth segment which belongs to other telecos. So what consist of Ting Mobile? Actually, it leases the lines from Sprint and T-Mobile. This stock was interesting in the single digits but at close to 30x FORWARD p/e with questionable purchase from Rightside (They have had this asset for years without producing fast measurable growth and PROFITS) that it leaves a lot to be desired. Looking for this to come back down to the low 10s as the tech bubble corrects itself.