If it’s not buyable here what would suggest in a small cap world regardless of sector..Thanks
We continue to like GRID given its industry tailwinds. From a software/AI fear standpoint, there is more potential for disruption for GRID than a pure utility play, since GRID operates in the industrial/engineering software space for utilities. This could create some risks if investors begin to fear utility data analytics companies will be disrupted, but we think its fundamentals are strong. Forward sales growth is expected to be 15% to 20%, and earnings are anticipated to inflect positive in the coming years. We like its recent momentum and positive trend. It generates positive free cash flows. Its upcoming earnings estimates call for EPS of $0.001 and sales of $19.52M. We would be comfortable buying here, while being aware of the risks of its small-cap size and potential for an 'AI disruption narrative'.