Why Ubiquti Networks Spiked 20% Last Week (and Why It's Not Too Late To Buy)

Earlier this year, with Ubiquiti Networks (NASDAQ: UBNT) trading in the low $60s, I wrote that the company could finish the year higher despite a 100% gain in 2016. That outlook looked foolish for the first half of the year, as Ubiquiti's increased spending and lower margins scared off investors despite strong top-line growth.

Topics:  ubiquiti networks nasdaq   ubnt    ubiquiti    .gross   i   eps   company   year   growth   

 

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