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Microcap & Penny Stocks : Microcap Kitchen Canadian Stocks

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To: kidl who wrote (48793)	2/5/2019 9:06:22 AM
From: kidl	4 Recommendations Read Replies (1) of 49402

Globe says EnWave a new top pick at Industrial Alliance EnWave Corp (C:ENW) Shares Issued 101,862,236 Last Close 2/4/2019 $1.42 Monday February 4 2019 - In the News The Globe and Mail reports in its Saturday, Feb. 2, edition that EnWave ($1.44) is one of Industrial Alliance Securities analyst Neil Linsdell's favourites for 2019. The Globe's David Leeder writes in the Eye On Equities column that Mr. Linsdell believes the stock is currently undervalued. He rates the shares "buy" with a $2.35 target. Analysts on average target the shares $1.98. Mr. Linsdell says in a note: "EnWave's current value is derived from both the rapid and near-term growth in Moon Cheese sales, the ongoing sale of REV equipment, and the increasing royalty stream being generated on a long-term basis from the growing installed base of REV units. As such, we see tremendous growth for ENW in 2019, which is why this undervalued stock is a new addition to our top picks list." © 2019 Canjex Publishing Ltd.

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