SURG
Surge Holdings Inc. (OTCQB:SURG)
• Redefining digital commerce for the Underbanked marketplace through huge network of c-store relationships
• Recent acquisition to add 9,800 stores to Surge Network, push Revenues to $68M annualized pace
• Made Deloitte’s exclusive “Technology Fast 500” list as one of the fastest growing companies in North America in 2019
• Recent analyst research projects nearly 1,000% upside potential for shares
• Expect sharp vertical and horizontal top-line growth as footprint and array expand exponentially
Surge is surging right now, and may be one of the most undervalued small-cap names in the market when limiting parameters to companies with significant and rapidly growing revenues.
This is a supply chain story with a huge disruptive angle that is starting to drive exponential growth now that the company has fully launched all products and services. We like the story. A lot. Really. The market is valuing this stock at 0.5x forward sales. Alibaba (BABA), another supply chain disruption play, trades with a price/sales of over 10x. A similar valuation standard for SURG (which is growing much faster, by the way) would put the stock at $7/share.
The stock trades at $0.35/share today.