Overlooked Alpha

Overlooked Alpha

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Overlooked Alpha
Overlooked Alpha
50% Gains Are Possible For This Software Small Cap

50% Gains Are Possible For This Software Small Cap

A decision by the IRS has led to unjustified selling

Joe | 3MB
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Overlooked Alpha
Sep 24, 2023
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Overlooked Alpha
Overlooked Alpha
50% Gains Are Possible For This Software Small Cap
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Highlights:

  • A recent decision by the IRS threatens a key revenue stream for this software company.

  • But that revenue stream was ending in 2025 anyway. A 28% plunge in response to the news seems like a massive overreaction.

  • The business has posted impressive growth thanks to several new initiatives. At 8x this year’s EBITDA, there’s more than enough left for upside.

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