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Escape the Valley: 3 Smaller Tech Stocks Trump and Vance Are More Likely to Love
Desktop MetalDesktop Metal(US:DM) Investor Placeยท2024-07-23 10:30

Group 1: Inseego (INSG) - Inseego specializes in mobile and Internet-of-Things (IoT) solutions, including 5G and LTE wireless modems, routers, and gateways, with a market capitalization of less than $118 million [3] - Analysts project Inseego's revenue could reach $203.75 million by the end of the year, indicating a growth rate of 4.1%, with a high-side estimate of $211.65 million [4] - The stock is currently valued at approximately 0.6X trailing-year sales, significantly lower than the industry median of 1.55x [14] Group 2: Vuzix (VUZI) - Vuzix is a leading developer of augmented reality (AR) and virtual reality (VR) technologies, potentially benefiting from pro-USA policies under a Trump administration [16] - The stock trades at 8.47x trailing-year revenue, down from 15.27x in the past year, indicating potential for recovery if the company regains momentum [17] - The most optimistic revenue estimate for Vuzix in 2024 is $13.73 million, although this projection carries risk [18] Group 3: Desktop Metal (DM) - Desktop Metal specializes in 3D printing and industrial additive manufacturing, with analysts forecasting a revenue decline to $186.03 million in fiscal 2024, a decrease of nearly 2% [9][10] - A recovery is anticipated in the following year, with revenue projected to rise to $207.8 million, reflecting an 11.7% increase [10] - The stock currently trades at 0.92x trailing-year sales, down from 2.24x in the past year, suggesting it may be undervalued [19]