No matter what Nutanix (NASDAQ:NTNX) does, it just can’t seem to win back the favor of the markets. In the aftermath of a strong beat-and-raise quarter that ended a stellar fiscal year for Nutanix, the market shrugged off the stock, keeping it flat at a bargain price of $22.
Despite the market’s bored reaction to the stock, opinions of it are anything but. Like many of its high-growth, money-losing tech cousins, Nutanix stock has generated plenty of controversy and debate among investors, with some believing it’s a penny stock that will cash-burn its way into the grave, and others thinking it’s the “next big thing.”
I believe the evidence points to the latter – for a deep dive into Nutanix’s business and fundamentals, see my previous article. In this article, we’ll dissect Nutanix’s Q4 and fiscal year-end results, what they signal in the context of the company’s long-term future, and growth opportunities that lie ahead.
Nutanix is still trading at a mere ~2.6x FTM revenues (software peers trade between 6x and 7x revenues), a bargain given its technological dominance over hyperconverged infrastructure and the hybrid cloud movement. I reiterate that a more appropriate range for the stock (balancing its software-like growth with its lower hardware margins) lies between 4.5x and 5x, or $33 and $36, implying a 50%+ upside from current levels.
Top 5 Penny Stocks To Own For 2018: The Hackett Group Inc.(HCKT)
- [By Lisa Levin]
In trading on Wednesday, industrial shares were relative laggards, down on the day by about 0.20 percent. Meanwhile, top losers in the sector included The Hackett Group, Inc. (NASDAQ: HCKT), down 22 percent, and PC Tel Inc (NASDAQ: PCTI), down 18 percent.
Top 5 Penny Stocks To Own For 2018: Atlas Air Worldwide Holdings(AAWW)
- [By Paul Ausick]
Amazon leased 40 planes from Air Transport Services Group Inc. (NASDAQ: ATSG) and Atlas Air Worldwide Holdings Inc. (NASDAQ: AAWW). Each carrier is supplying 20 Boeing jets to Prime Air.
Top 5 Penny Stocks To Own For 2018: Key Tronic Corporation(KTCC)
- [By Lisa Levin]
Computer Peripherals: This industry rose 2.21% by 10:15 am ET. The top performer in this industry was Key Tronic (NASDAQ: KTCC), which gained 0.3%. Key Tronic’s trailing-twelve-month ROE is 14.57%.
Top 5 Penny Stocks To Own For 2018: Rowan Companies Inc.(RDC)
- [By Jon C. Ogg]
Rowan Companies plc (NYSE: RDC) closed up 15.1% at $17.84 and the 5.2 million shares traded was just 1.3 times normal trading volume. Rowan has a consensus analyst price target of $15.04 and a 52-week trading range of $10.67 to $20.88. The company has a total market cap of $2.2 billion.
- [By Ben Levisohn]
Go back a year, and offshore drillers like Noble (NE), Rowan (RDC), Transocean (RIG) and Atwood Oceanics (ATW) had been all but written off–until they weren’t anymore. Since then, investors have been rewarded for picking winners in the group from the losers, as Atwood Oceanics has more than doubled, Transocean has gained 34%, and Rowan has risen 42%, while Noble and Diamond Offshore Drilling (DO) have dropped 13%.
Top 5 Penny Stocks To Own For 2018: Patni Computer Systems Limited(PTI)
- [By William Romov]
Before we show you our pick, here are the top 10 penny stocks to watch this week
Penny Stock Current Share Price Nov. 27-Dec. 1 Gain (as of Dec. 1)
Pyxis Tankers Inc. (Nasdaq: PXS) $4.10 122.83%
Ohr Pharmaceuticals Inc. (Nasdaq: OHRP) $1.28 68.42%
Cerecor Inc. (Nasdaq: CERC) $1.74 47.46%
Proteostasis Therapeutics Inc. (Nasdaq: PTI) $2.52 37.71%
UT Starcom Holdings Corp. (Nasdaq: UTSI) $5.20 37.20%
WMIH Corp. (Nasdaq: WMIH) $0.96 33.46%
PhaseRx Inc. (Nasdaq: PZRX) $0.90 30.29%
Bellerophon Therapeutics Inc. (Nasdaq: BLPH) $2.04 29.94%
EV Energy Partners LP (Nasdaq: EVEP) $0.86 27.76%
Catalyst Pharmaceuticals Inc. (Nasdaq: CPRX) $4.40 25.71%
FREE PROFIT ALERTS: Get real-time recommendations on the best penny stock opportunities the moment we release them. Just sign up here, its completely free
- [By Lisa Levin]
Proteostasis Therapeutics Inc (NASDAQ: PTI) shares shot up 162 percent to $6.16 after the company disclosed 'positive' PTI-428 data with statistical significance.