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DEXWireNews
May 13, 2019 10:43 PM

$HCHC GREAT EARNINGS AND UNDERVALUED, POISED TO BREAKOUT Long

Description

HCHC HAS A FANTASTIC EARNINGS REPORT, CUTTING LOSES DRASTICALLY AND INCREASING REVENUES. THIS STOCK IS EXTREMELY UNDERVALUED AND WE BELIEVE A BREAKOUT IS POSSIBLE IN THE COMING DAYS WHEN THE MARKET BECOMES MORE STABLE.
Company Description
HC2 Holdings, Inc. engages in the acquisition and investment activities. It operates through following business segments: Construction, Marine Services, Insurance, Energy, Telecommunications, Life Sciences, and Other. The Construction segment is a structural steel fabricator and erector in the United States. The Marine Services segment provides engineering and underwater services on submarine cables. The Insurance segment is a platform for run-off long-term care business, through its two insurance companies, United Teacher Associates Insurance Company and Continental General Insurance Company. The Telecommunications segment is a provider of internet-based protocol and time-division multiplexing access and transport of long distance voice minutes. The Energy segment is compressed natural gas ("CNG") that designs, builds, owns, operates and maintains natural gas fueling stations for the transportation industry. The Life Sciences segment focuses on supporting healthcare and biotechnology product development. The Other segment includes the creation and distribution of NASCAR video games, and Ner Vvve which provides analytics on broadcasts TV, digital and social media online platforms.
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