Jordan ZinbergBack on Market Call tomorrow and as can be seen, he has made CTS a top pick the last two times he was on. Will certainly be commenting, at least as a past pick. GLTA
TOP PICK
Converge Technology Solutions(CTS-T)
03/02/2023
IT provider currently going through strategic review process.
Special committee meeting to determine sale of company.
Share price @$6 & sale of company would fetch $9.
Believes company can double in the next few years.
Technology
Jordan Zinberg
$5.870
Owned
TOP PICK
Converge Technology Solutions(CTS-T)
11/07/2022
It is in the IT services industry focused on mid market customers in North America and Europe. It is growing very quickly so he is puzzled why the stock is so low. It has delivered on its acquisition plans and has provided solid organic growth. We should see more acquisitions and an increase in credit facilities and maybe even a dividend or buyback of shares with its free cash flow. It is growing 2 times as fast as its peers but trading at half the valuation. Buy 10, Hold 2, Sell 0 (Analysts’ price target is $11.73)
Technology
Jordan Zinberg
$5.380
Owned