ATEN - A10 Networks Should Be A 10 Dollar Stock
- A10 is a relatively small company that provides hardware and software solutions for enterprises to securely run their cloud-based businesses.
- The company has recently begun to focus on profitability and efficiency. As a result, quarterly losses have transitioned to positive EPS.
- Award winning new products have revitalized the product line and a recently announced $50 million buyback plan also included bullish comments on the upcoming Q3.
- A10 has been left behind by the fast growing software/cloud IT sector and is ~40% undervalued and should be "A 10" dollar stock. It closed Tuesday ~$7.
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A10 Networks Should Be A 10 Dollar Stock