Insiders Are Buying This $7 Stock
Both the cycle and the stock seem to be near a bottom.
We’ve had some success with deep value plays of late, and Unifi Inc. offers a similar opportunity.
A fiscal year that was likely the worst in Unifi’s history has sent the stock to a 14-year low. But cyclical factors, rather than structural problems, seem the cause.
A cyclical upswing should coincide with two significant catalysts. In a blue-sky scenario, in which management targets are hit, the stock can easily quadruple.