Q: Is this a value trap now? Should one sell and move on,
thinking maybe KSI or LMN for tech exposure…..
Thank you
thinking maybe KSI or LMN for tech exposure…..
Thank you
5i Research Answer:
ENGH continues to drift, and the stock needs a catalyst. We think the company needs to spend some of its $260M cash, which it has been sitting on for nearly 10 years. It is cheap, but we would be fine switching to higher-growth LMN.