I'm trying to figure out a scenario where the PE of the stock (12x forward) is consistent with a company that says it will grow at 15%. I think the company is being conservative in their predictions. There's still a lot of potential growth in their market.
The stock is very cheap. They always are very conservative on there guidance. One positive, and why I'm thinking about going long now is the market melt-up. The Fed Chairman last meeting stated that it is better to be in asset based investments vs cash because cash could have up to a 2% inflationary tax. This will lead more investors to search for undervalued stocks going forward. There is still alot of CASH ON THE SIDELINES. ACOM needs to either offer a dividend or expand more and faster internationally to focus more on growth.