FIVG - Gilat: Deserves To Be Aboard ARK's Spaceship

• Gilat is an innovative Israeli company whose high-speed modems enable satellite-based 5G connectivity.
• Increased demand in high speed internet, from anywhere has prompted use of non-terrestrial service providers.
• However, both the company's top-line and bottom-line have been impacted by airlines remaining grounded due to the pandemic.
• Still, cost-control, recurrent revenue model and innovation all justify an investment, with a long-term share price target of $28, but current volatility can dip the stock to $17-18, constituting an opportunity to buy.
• As a multi-location communications provider, Gilat merits to be included in the forthcoming ARK Space Exploration ETF.

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