Savvy Trades and Investments

[hweb2]

MNDO report caught my eye. Q2 was ok, although operating income slipped a bit vs last year. Rising interest rates good for their cash position. A Nasdaq company cranking out .06 quarters, while sitting on .73/share in cash, and paying an annual dividend over 10%...already makes the stock attractive in the $1.90's imo. Trading near its 52-week low. And I thought this new win announced today sounded promising-

Monica Iancu, MIND CTI CEO, commented: “We are pleased to announce that after a very long selection process, we were chosen to supply our comprehensive billing and customer care solution to a telecommunications customer, which operates in Europe. The new contract, closed after second quarter end, includes implementation revenues that are expected to be recognized in the coming three quarters and additional revenues starting the second quarter of 2024, encompassing managed services, support and license subscription.

https://finance.yahoo.com/news/mind-cti-reports-second-quarter-103200216.html