AUDC: Technical and Fundamental Investment for 2020
Looking at the year 2020. I had a difficult finding a handful of stocks that meet my requirements. In the search, I found one company called Audiocodes (stock symbol: AUDC). Fundamentally, this is a healthy company that I like. It not only specializes in VOIP, data networking products and appliances; but, they also have a good balance sheet, a stable growth rate and not too overcrowded. Technically, this company's stock is experiences a long, stable, uptrend.
Today, February 3, 2020 (New York Time), The there is a unique VPA set-up that I like; a U1x. The recent pullback in this company is due to the coronavirus scare and systematic risks of the market itself, but nothing internal. Market participants are not entering this stock because they too may see its value. I have entered into this stock and a new position in it. It is a long-term investment.
Projected price goals for the next two years are 42 and 76.
Today, February 3, 2020 (New York Time), The there is a unique VPA set-up that I like; a U1x. The recent pullback in this company is due to the coronavirus scare and systematic risks of the market itself, but nothing internal. Market participants are not entering this stock because they too may see its value. I have entered into this stock and a new position in it. It is a long-term investment.
Projected price goals for the next two years are 42 and 76.
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Capturing the swings of the stock market & currency market. It's a dirty job and equity/currency traders must do it.