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LTRX - Lantronix: IoT Bets Will Drive A Resurgence
Lantronix Inc.
Lantronix's growth grade has the potential to improve.
I expect margins expansion to be muted as Lantronix scales the IoT segment. The profitability grade is also susceptible to the huge competition in the fragmented IoT space.
Given the weak macro outlook and momentum grade, I find Lantronix fairly valued.