I think AXST is a potential multibagger. Here is why:
1. AXST reported earnings of $0.053/share for Q3. The stock last traded at $0.235 so it is quite cheap based upon those earnings.
2. The backlog jumped sequentially from $16.3M to $17.6M so I think there are good odds that they can put out another quarter with earnings of $0.05/share.
3. Their growth is being driven by the introduction of a product with Sprint that replaces a landline phone line with a wireless phone line.
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