"WISH is getting things right... the outlook remains strong" * Positive Commentary today on WISH.V by 5i Research Investments *
5i Research has been watching Wishpond Technologies now since their IPO back in December 2020. And, today, May 4, they finally provided some bullish comments when they said:
"WISH is getting things right... [and] the outlook remains strong".
See below for their full quote. And, remember, if you're buying now you're buying very early in this company's growth story. The best gains are made when you buy undervalued companies and hold them for them for several years. Keep this one for at least the next five years and watch their story unfold. Good luck to all!
"As seen in the e-commerce marketing space, WISH is getting things right with revenue growth of 38% in the recent quarter. The outlook remains strong and the gross profit margin has improved (to 65% vs 56%). Cash from operations jumped significantly and this is the direction we want to see. We expect margins to improve and overall profitability to move in a positive direction. At 5X 2022 sales there is risk here, and its small size adds to our hesitation. But the quarter was good and it raised money in February, bringing our comfort level higher" (5i Research).