First, What does Inseego do?
Inseego Corp., together with its subsidiaries, provides software-as-a-service (SaaS), Internet of Things (IoT), and mobile solutions worldwide. The company sells SaaS, software, and service solutions across multiple IoT vertical markets, including fleet management and vehicle telematics, aviation, usage-based insurance, stolen vehicle recovery, asset tracking and monitoring, business connectivity, and subscription management
cont’d
https://www.bloomberg.com/research/stocks/private/snapshot.a…
Thestreet.com describes Inseego as a 5G play:
A 5G Investment Play That’s Finally in the Right Place at the Right Time
Fifth generation wireless is a game changer. It means the end of network latency. And it is here today, three years ahead of schedule.
Verizon (VZ - Get Report) , AT&T Corp. (T - Get Report) and T-Mobile (TMUS - Get Report) are now rolling out 5G. These ultrafast networks will expedite the technologies of tomorrow, bringing new business models.
Inseego Corp. (INSG - Get Report) is a global internet of things company, in the middle of the 5G revolution.
Among other products, it makes the 5G routers Verizon and others will use to bring broadband video on demand to U.S. households. The stars have aligned. After years of failed promise, the San Diego company is finally in the right place, at the right time.
cont’d
https://www.thestreet.com/investing/5g-wireless-play-speeds-…
A nice little overview on Inseego’s last Quarter and subsequent dip by Shareholders Unite (Pseudonym) on seekingalpha.com:
Investment thesis:
The company is very well positioned for several big ($1B+) market opportunities, most notably aviation and LTE, and 5G fixed and mobile hotspots.
There are already significant customer wins which have yet to ramp, with good chances of these being followed by more wins.
Margins are likely to expand further.
Continuous growth in their high-margin SaaS business.
cont’d
https://seekingalpha.com/article/4219723-shu-portfolio-insee…
Starrob