Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

GTT Communications Inc (GTTNQ)

OTC Markets
Currency in USD
Disclaimer
0.005
0.000(0.00%)
Closed

GTTNQ Comments

12162016 One of the Best Companies You've Never Heard of Looking for one of the best performing companies you've never heard of? Look no further than GTT Communications (GTT) . Cramer said that GTT helps businesses connect directly to the cloud by bypassing the temperamental Internet you use in favor of its own secure and reliable network. GTT is one of only a few global Tier 1 networks that can provide such access. Unlike other carriers, GTT leases most of its infrastructure, which means it spends less than 3% of earnings on capital expenditures. Additionally, most of the company's revenues are recurring and subscription-based, which makes them predictable and reliable. Shares of GTT trade at a lofty 97 times earnings when compared to, say, 13 times for Verizon. But Cramer said that when you factor in the company's 25% growth rate, investors are paying less than 25 times earnings in the out years for a fantastic company.
Why is its share price going down now?
Looking at that now, when the price is at 1,75$, is funny xD
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.