This Week's Biggest Gainer will be CCUR, Add to Radar Screen
Concurrent (CCUR), a very low floater, up 5 straight days ready to explode, last week signed the largest UK cable TV company Virgin Media as their new multi-screen video delivery client. CCUR will be powering Virgin's new TV Anywhere platform that allows its 3.8mm subscribers to watch TV and on demand content from any location on their tablets or smartphones. CCUR has very strong balance sheet with huge cash position and no debt. Enterprise value is only 0.75x its trailing revenues when CCUR's main competitor Seachange (SEAC) currently has an enterprise value of 1.85x revenues, which would value CCUR over $15 per share. CCUR has huge gross margins of 58% vs SEAC's margins of 50%. CCUR's is currently extremely undervalued because the stock is undiscovered, but with Virgin Media now signed CCUR could quickly double within 2-3 weeks and match SEAC's multiple. CCUR's fundamentals are unbelievable, with net income last quarter up 100% from previous quarter and up 300% from two quarters ago. Even more impressive is CCUR's chart, which is the most bullish in the world today! Huge catalysts are ahead, including CCUR getting ready to revolutionize industry with their new cloud based network DVR technology that will make traditional DVRs obsolete. CCUR was recently awarded a U.S. patent for its network DVR technology!