$SAM potential bottom (3/5)

22 de dez. de 2021

Conviction: 3/5


General Thesis

• potential bullish div on weekly RSI @ oversold levels
  
• could go down more to touch lower channel support (2008)
  
• fallen about 50%, normally fall 61.8%
  

Growth

• Gross margins have steadily decreased since 2011
  
• Revenue growth experienced high growth in 2020-2021, but have come down from 50% to about 15%
  

Value

• P/FCF expensive (negative FCF)
  
• P/S about average
  

Fundamentals & Balance Sheet

• low debt to asset (<1)
  
• quick ratio could be better (.8)
  

Potential Risks

• expensive P/FCF
  
• another leg down for bullish divergence
  
• another leg down to touch lower trend line support