This Stock Has 60% Of Its Market Cap In Cash

NETGEAR stock is a net-net.

Highlights:

• A long bull market has left few ‘net nets’ listed on US exchanges. But on Friday, the group received a surprising new entry.

• With cash and short-term investments totaling nearly 60% of the market cap, and liquidation value 30% below the current price, there’s considerable margin of safety in NTGR stock.

• Significant questions surround the business model and management. But that’s par for the course with net nets.

• At such a discounted valuation, it wont take much for the stock to find a rally.