BUY Conviction3/5 Analysis quality70/100 now
The YouTuber recommends Surge Components, noting its strong financial health with sales up 30% last year and net income increasing by 49%. The company has a robust balance sheet with $8.7 million in cash against only $1.1 million in long-term debt, representing 45% of its market cap backed by cash. Insiders also own a significant 47% of the shares.
“It's the balance sheet that really surprised me though with 8.7 million in cash against just 1.1 million in long-term debt that's net cash of 7.6 million dollars or 45 of this Stock's value backed by cash.”