VRM - ADT and Desktop Metal gain on Bill Miller pitch; says DXC takeout offer too low
ADT (ADT) rose 4.2% and Desktop Metal (DM) gained 4.4% after Bill Miller pitched the stocks on CNBC.Miller says DXC Technology (DXC) takeover approach should be rejected as the offer from Atos is too low; says DXC price would have to be ``much much'' higher for Miller to be interested in a sale; believes name could trade back to $70/shareSays Desktop Metal is the future of 3D printing; expects it to be a winner over the next several yearsAlso likes Vroom (VRM) and says it can grow 30% to 40% a yearYesterday, Atos confirmed that it made approach to DXC concerning a ``friendly'' transaction
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ADT and Desktop Metal gain on Bill Miller pitch; says DXC takeout offer too low