IFBD - Infobird Co. Ltd (NASDAQ: IFBD) Looks to be a Very Compelling Investment Proposition
- Infobird was featured in a recent SmallCapsDaily article that encouraged tech investors to grab IFBD’s stock as it looks to be a very compelling investment proposition
- This favorable outlook follows two new agreements announced within ten days and which represent the company’s diversification into the retail industry
- Infobird also expects its 2021 revenue will grow by 50% to between $22-$25 million
- The company is keen on accelerating the promotion of its marketing, customer service, and other related products in the retail industry
Infobird (NASDAQ: IFBD) was recently featured in an article by leading financial news website and publisher, SmallCapsDaily (https://ibn.fm/kJ6qB). Observing that the cloud computing domain commands the highest valuation, the piece notes that it has become extremely difficult to find reasonably priced stocks with cloud-oriented business models, particularly within the software-as-a-service (“SaaS”) market. Yet, IFBD trades at a “very cheap valuation, even below its IPO.”
Even so, the article sheds light on a few elements that have not been factored into the current valuation, leading to the lower-than-expected...
NOTE TO INVESTORS: The latest news and updates relating to IFBD are available in the company’s newsroom at http://ibn.fm/IFBD
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