Wave Systems Corp. (fka WAVXQ)

[Methinks]

https://finance.yahoo.com/news/looking-next-google-buy-7
Looking for the Next Google? Buy These 7 Tech Penny Stocks
WidePoint (NYSEMKT:WYY) is a tiny technology management service provider catering to government and business clients across North America and Europe. The company’s Trusted Mobility Management (TM2) solutions combine telecom lifecycle management, bill analytics, and mobile identity management. In a nutshell, they help secure and protect mobile workforces and enterprise IT environments.

WidePoint is highly speculative given its minuscule $19 million market cap. Shares doubled from November 2023 through January 2024 but have slid since then. However, the valuation still looks cheap to me, so I wouldn’t be surprised to see the stock quickly reverse course and head higher again.

The main thing WidePoint has going for it is a customer base that includes the U.S. government. From my experience, once you’re in with the feds, that recurring revenue tends to be very sticky. However, with such a small company, be prepared for some violent stock swings in both directions. This is not a stock for the faint of heart, but more speculative investors may find the risk/reward intriguing.
That TPM gets everywhere!