GTK provides customer information software to energy, gas and water utilities companies, essentially its billing software which is obviously critical for utility companies to get paid. This was a $6 company in 2018 before it raised money for an acquisition. Currently this is a slightly contrarian play with the market pricing the $170m business for ongoing headwinds from IT spending in the UK but Jules Cooper feels the stock’s seen its “darkest hour”.
We like this pick and believe you can play GTK with less than 10% risk which is fairly conservative at this end of town.
MM likes with stops under $1.55
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