The Panic-Proof Portfolio (Stockchase Research)
Digital Turbine, Inc.
APPS-Q
TOP PICK
Jun 08, 2021
Stockchase Research Editor: Michael O'Reilly The e-commerce company and app developer has been a poster child of tech sector during the pandemic. It has ridden the highs and has now retraced to a level of reasonable value. Revenue is up 142% and EPS of $0.25 comfortably beat analyst calls for $0.19. They continue to add to the cash reserves. Revenue growth is expected to remain strong putting forward PE in a more respectable 32x. We would buy this with a stop loss at $55, looking to achieve $103 -- upside potential over 39%. Yield 0% (Analysts’ price target is $103.20)
(A Top Pick Jun 08/21, Down 25.3%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with APPS has triggered its stop at $55. To remain disciplined, we recommend covering the position at this time. We will look for better opportunities.