Interesting products, explosive growth in the past, possibility for more explosive growth in the next couple of years. Obviously big risks and quite a bit of volatility, that being said the stock price has gone from about $15 to the current ~$50 in a year. Not expecting the same level of growth to continue, but I see the stock price being on the rise as long as nothing major happens in the markets. Their products are selling well, profits are increasing (though I don't expect them to rise like they did in the past) and their inventions seem to be something that could very well be the mainstream in a couple of years. It's definitely a risky one, but do you think that the possible profits are worth this risk? Or are we too late and has the train already left the station?
I'm not very familiar with this company, but I'm wondering how it has lost 1/3 of its value in less than a month? A technology stock with a dividend is nice but not when it's sinking like a stone...
It has been a very volatile stock. I'm thinking this is just because people are moving from these higher risk stocks into more defensive ones due to the whole Russia / Ukraine situation and the general idea that the stock market should have a downward correction sooner or later. I don't see anything that has changed within the company itself.
OK, I got lost here, so it has grown from $15 to $50, why do you say it lost 1/3rd of it's value? Investing in technology is always risky, it can go up really fast, but it can also crash as fast as it has gone up.
I'm surprised that this is still at under $50. I'm even thinking about buying a bit more... looks like the profits are still steadily growing (2014 EPS was about double that of 2013 EPS) and there is a roughly 10% increase expected from 2014 Q4 to 2015 Q1. (their quarters are very different from most companies) Anyway, P/E is not far above 20 which is not that much to pay for a company with high potential. Still a very risky bet though.
UBNT is something I have watched since they dropped to the low $30s this spring. I didn't pull the trigger back then and watched it climb to over $45 and then over $50 before the current pull-back. This is the type of stock to look for. It is a good, profitable company that is taking a hit for reasons that are temporary and not even totally relevant. It is funny I noticed this thread tonight as I just started trying to buy UBNT today. I think anywhere under $40 is a buy, but I tried for around $37.50 today. Bounced off of $38.09 today. We'll see how it goes tomorrow.
These are definitely interesting times. UBNT hasn't really taken off with the rest of the stock market in the past months... but it sure seems to have a big red number next to it anytime to market goes down. I don't have any cash on my brokerage account (though I can always have a negative balance) but I might throw in a bit over the weekend to be prepared for some buys next week. UBNT might just be one of my targets, as you said anything under $40 looks like a buy to me.
