Inseego Corp provides fifth generation (5G) and intelligent Internet of things (IoT) device-to-cloud solutions. The Company serves service providers, distributors, consumers, and the enterprise. Its fourth generation (4G) Long-Term Evolution (LTE) Advanced and 5G New Radio (NR) hardware products are powered by MiFi technology and include mobile hotspots, industrial gateways and routers, home and enterprise routers, industrial universal serial bus (USB) modems, and telematics and mobile tracking hardware devices supported by applications software and cloud services. Its software as a service (SaaS) platforms include Ctrack, an asset tracking and management solution that provides business intelligence for fleets used in various verticals, including aviation, construction, government, and transport; and Device Management Solutions, a hosted subscription management platform that enables organizations to manage the selection, deployment, and spend of their wireless assets.<\/em><\/p>\nInseego is a true pioneer of 5G products and intelligent (Internet of Things) IoT device-to-cloud solutions, and is extending its industry leadership with a full lineup of new second-generation 5G devices. One of it\u2019s many products drawing a lot of attention is it\u2019s mobile hot spot. I read it is the best out there, and is used by Verizon exclusively. This is only a small part of what they\u2019re doing. As I said, they are already in the second-generation of 5G.<\/p>\n
Let\u2019s take a look at performance.\u00a0Inseego\u00a0has shown a weekly performance of 16.6% and monthly performance stands at 23%.<\/p>\n
The stock has shown a quarterly performance of 73.43% and a half-year performance stands at 72.71%. I bought in October and I\u2019m up 55.7%<\/p>\n
If you look at the Simple Moving Averages (SMA), They are almost perfect to my liking. The stock is 36% above it\u2019s 50 day SMA while it\u2019s 64% above it\u2019s 200 day SMA. The other SMA I watch is the 8 Day SMA (The T Line), Which is well above both the 50 day and the 200 day SMA. The only technical analysis item I\u2019m not crazy about is the Relative Strength Index (RSI), it\u2019s a little above 70.<\/p>\n
Analyst recommendation for this stock stands at 5 Buy ratings and 1 Hold.<\/p>\n
There is really to much information about Inseego and their products to write about in this short post. I suggest, if interested in this stock do some homework. You just have to Google the name. At the moment it\u2019s a relatively small company and a low priced stock but I don\u2019t think it will stay that way. Yesterday it closed at $8.72.<\/p>\n
In my post reporting me buying of the 1000 shares I mentioned I might consider the stock for a Wealth Builder portfolio. It is held by the top 10 hedge funds and most big investors, however, I still read articles of writer who are skeptical. At the moment it is not in one of my portfolios but if it does get in it will be the 5 Star Trading Portfolio <\/strong>and possibly the Stock Alternative\u00a0<\/strong>Portfolio.<\/p>\nDo your homework and check out this low priced stock.<\/p>\n
Successful trading,<\/p>\n
Steve<\/p>\n
The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"This is my take on Inseego (INSG. I started watching and looking into INSG in the beginning of October. In the initial phase of my investigation I liked what I saw. I felt the things they were working on, and the products they already had, were very innovative and caught the attention of some very […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-6911","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75MP0-1Nt","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/6911","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6911"}],"version-history":[{"count":2,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/6911\/revisions"}],"predecessor-version":[{"id":9725,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/6911\/revisions\/9725"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}