$IDT has been one that we have traded well in the past. The stock has a history of explosive moves. Above $8.7 and we see the stock get going and we believe we will see $10 to $12 in rather short order.
$IDT started climbing last week after reporting Q3 earnings. The highlight was the company in the quarter swung from a loss last year to being profitable. The company also reported double-digit revenue growth in its emerging segments. We believe new highs are coming sooner rather than later.
As always, trade with caution and use protective stops.
Good luck to all!
$IDT started climbing last week after reporting Q3 earnings. The highlight was the company in the quarter swung from a loss last year to being profitable. The company also reported double-digit revenue growth in its emerging segments. We believe new highs are coming sooner rather than later.
As always, trade with caution and use protective stops.
Good luck to all!
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We are not financial advisors. Always conduct your own research and read our full disclaimer at insiderfinancial.com/disclaimer/
We are not financial advisors. Always conduct your own research and read our full disclaimer at insiderfinancial.com/disclaimer/
