Professional
Added to YB: 2024-05-17
Pitch date: 2024-05-15
TSSI [bullish]
TSS, Inc.
+454.96%
current return
Author Info
Pernas Research is a former CIO of a $3.5B fund that now share actionable stock research. Sign up for the newsletter.
Company Info
TSS, Inc. engages in the planning, design, deployment, maintenance, refresh, and take-back of end-user and enterprise systems in the United States.
Market Cap
$177.0M
Pitch Price
$1.31
Price Target
N/A
Dividend
N/A
Sector
IT Services
Category
turnaround
Pernas Research New Position: TSS, Inc.
TSSI: Modular data center play with strong AI tailwinds. New CEO (ex-Dell) driving turnaround. Acts as procurement agent & system integrator for edge data centers. Sees potential 10x demand increase from 'data gravity' trend. Trades at 7x EV/EBITDA. High customer concentration risk with Dell, but mitigated by mgmt's Dell background.
Read full article (1 min)