NIA's #1 favorite value play is Daktronics (DAKT) currently trading for $4.77 per share.
DAKT is severely oversold trading with a 14-day relative strength index (RSI) of 30.48. This is a digital display signage company that will benefit big from Biden's infrastructure bill. Almost every NFL stadium, NBA arena, and Las Vegas casino uses their technology, but their biggest growth will come from digital signage for roadways, bridges, and transit systems to be paid for through the infrastructure bill.
Fundamentally, DAKT is insanely undervalued with a market cap of only $216.35 million. DAKT has $74.66 million in cash and no debt, giving DAKT an enterprise value of $141.69 million when they have revenue of $483.12 million! DAKT has positive operating cash flow of $56.65 million!
DAKT is trading with an enterprise value/revenue ratio of less than 0.30! DAKT is trading with an enterprise value/operating cash flow ratio of 2.50!
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