Though the stock trades below book value, I doubt even Warren Buffett would touch it.
News & Analysis: Sierra Wireless
Computing and automotive connectivity solutions continue to be a drag as the company transitions back to growth.
From accelerating revenue declines to lowered full-year guidance, there was little to like about this quarterly report.
With revenue declines at both IoT solutions and embedded systems, the wireless connectivity-equipment specialist started the second half on a down note.
SWIR earnings call for the period ending September 30, 2019.
Sierra Wireless has changed its strategy to capitalize on the Internet of Things opportunity.
With all three of these stocks trading lower over the past 12 months, now may be good time to consider buying them.
The semiconductor maker appears to be rounding the corner on a cyclical downturn and that suggests a buying opportunity.
Strength in the Internet of Things segment continues to prop up the wireless equipment specialist's results.
SWIR earnings call for the period ending June 30, 2019.