#MCLDF Predicted to Double By 2019 According To Echelon Analysts
This company has been gaining momentum in recent months after a slew of recent anouncements. Echelon Wealth Partners analyst Gianluca Tucci recently suggested that this technology stock still will double with a one-year price target of $0.80.
This under-the-radar stock is trading at $0.40 per share but they’ve solidified themselves as a leading provider of asset management solutions combining IoT, cloud computing, AI and analytics. Their recent press release highlighted major projects currently in production:
- Smart Buildings: First shopping center connected to AssetCare in expansion effort to over 1,000 malls across China
- Wind: Delivering AssetCare analytics for 2 wind projects this month
- Oil and Gas: Deal with Fulcrum Automation Technologies plan initial roll-out targeting 200 assets across North America and the Middle East With a projected run rate of $14.8M in 2018 (official results to be released April 24th) and clients such as Honeywell International, Siemens AG and with over 100 blue chip clients, this stock could be the hidden gem of 2019.
The best part is about this company is the stock is still cheap, but the concept behind their AssetCare product is so game-changing!
The stock is in a unique position at its current value and should be on everyone’s watchlist.
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