SwingingForward

Long over $22 - 3 Mln Float and aggressive Rev/EPS growth

Long
AMEX:MHH   Mastech Digital, Inc
Mastech Digital (MHH #2) is a leading provider of Digital Transformation IT Services. On its Data and Analytics Services segment, MHH sees this segment as having huge potential. The company has been seeing good traction for its expanded service offerings globally. In 2020, this segment's main goal is to broaden its geographical reach beyond North America into Asia, Europe and the Middle East. The plan is to expand its sales team and enlarge its delivery centers in both India and North America. With respect to its IT Staffing Services segment, MHH expects this segment to once again beat the average industry growth rate in 2020. MHH concedes it saw some impact from COVID-19 at the end of Q1 with an impact continuing into Q2. However, the stock has been climbing nicely higher as MHH is seen to be in a good position as it helps clients transform for a digital world.


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