The Simple Reasons I Won't Buy Ubiquiti Networks, Inc. Stock
Despite the nearly 17% run-up following fiscal 2017's fourth-quarter earnings report, Ubiquiti (NASDAQ: UBNT) stock is still down 11% this year. But higher-than-expected revenue, earnings per share, and beating analyst estimates seem to have brought many investors back into the fold.
It's easy to see why Ubiquiti has been the recipient of good tidings lately, but putting the good news aside for a moment, I still have several questions about Ubiquiti stock, some more tangible than others. But like many long-term investors, for me, uncertainty generally translates to looking elsewhere to buy a stock.
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Source: Fool.com
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With a target price of 56 € there is a positive potential of 26.97% for Cisco Systems Inc. compared to the current price of 44.11 €.
