Investment Thesis Overview
About two months ago, I submitted a bullish investment thesis for ZAGG (ticker: ZAGG). Since that report, ZAGG’s stock price has been under constant pressure, as highlighted by significant share price weakness following its 1Q19 earnings results. After a thorough review of its filings, everything reported and relevant to the original investment thesis should have been expected. Based on this pullback, it seems the market is projecting current results forward. However, this has created an even more attractive opportunity than before, as Q1 weakness is likely transitory and management remains confident