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Beaten Down Lantronix Offers An Interesting Contrarian Value Play
LTRXLantronix(LTRX) Seeking Alpha·2024-08-19 05:07

We Are The AI boom is real. Any company with a business remotely related to artificial intelligence seem to be surging, and for good or ill, the multiples of many of those companies seem to be extreme. Some of these companies may make out big, but it reminds me of the 1990s bubble, when many companies rose on what would be known as irrational exuberance. Today, we're going to be looking at a small company that seems to have been overlooked in all the excitement. That company, Lantronix, Inc. (NASDAQ:LTRX) i ...