A $1 Acquisition Could Lead This Stock To Double
Strong management, valuable assets, and a transformative deal
A stunning acquisition has nearly doubled the revenue base for this $3 billion telecoms company.
Yet a nervous and impatient market has sold the stock down to an attractive valuation.
Competent management with skin in the game adds further ballast to the bull case.
When a manager with a reputation for brilliance tackles a business with a reputation for bad economics, the reputation of the business remains intact.
— Warren Buffett