$MCFE Now Cloud Data Cyber Security. Oversold / Breakout Soon

2020年11月26日

Currently Running the exact same stock movement that PLTR did after IPO... keep an eye on this one.

Cloud Data Cyber Security Sector... major growth here.

20% down from IPO Price of $20... looks like a good entry point to me

-

McAfee Recently returned to profitability this year. The company reported $31 million in net income for the six months ended June 27 on revenue of $1.4 billion, the filing said. This compares with a loss of $146 million for the six months ended June 29, 2019, on $1.3 billion in revenue.


Negative: McAfee is highly leveraged. The company’s long-term debt stood at $4.78 billion as of June 27. McAfee plans to use part of its IPO proceeds to pay down its debt, which will drop to $4.2 billion after the IPO and a reorganization

Financials:

UnAudit 26-week period ended June 27, 2020 Review
Net revenue: $1.401 Billion

Gross profit: $983 Million

Showing a Consistent Annual Growth of between 10%-14% in Net Revenue.

Full Interview with McAfee CEO Peter Leav spoke about Company Growth and Potential Dividends in an CNBC Exclusive interview.
-