Rocketman

Re-Iterating VIAV As Undervalued Investment for 2020

Long
Rocketman Updated   
NASDAQ:VIAV   Viavi Solutions Inc.
What began as a small speculation from reading a 10K and balance sheet of the company VIAVI has turned into something grand and fruitful. 2019 was a productive year. In fact, Trump's trade war bought more time for this company to entrench its roots in the 5G market. Earnings continue to be stable and the CEO's hand in the company continue to show improvement and results. The new CEO, indeed, has positioned VIAVI to be number 1 or number 2 in its mature markets and also in new markets. This is key for the company's future. As 5G becomes something more important over the year 2020, its future wireless infrastructure and future demand for data transfer, we will hear more news about this undervalued stock in the media. For more information, one ought to read the 10K, the recent earnings report for Q2 earnings report for 2020 and their 2019 VIAV Investor Day Presentation.

I wrote on May 10, 2019:
"For Viavi Solutions ( VIAV ), I see fundamental improvements in their balance sheet since the new CEO took office in February 2016. What's more, management has some ownership interest in this company as well as large other investors. Its earnings are stable.

For the next two years, I hope to see further growth and improvements.

Target is 600. This is a long-term investment.
Jul 09
Comment: Small shoots of investment consensus favoring and rewarding this company's benchmark of achievements.
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Target: 600
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