Zagg is one stock that is super undervalued, and I am extremely bullish on this stock. Watch the below video and see how they are expanding their business. I expect this stock to be at 7 by June.
Back in October zagg announced a new project called zaggbox, which would store recorded video, pictures, and music on its 1 terabyte hard drive, and allow you to access the media on your home entertainment system as well as on your mobile device. As impressive as that is for a company that started off selling stickers high-grade protective polysomethingerother skins for cell phones, it’s only the beginning – full home automation through zaggbox is in the works, which will let you lock doors, control and view security cameras, and adjust the thermostat from your smartphone. Recording media for later consumption is huge, and with the Xbox 360 connectivity, you’ve got an easy way to create and share gameplay videos. The price point will sit somewhere between $600 – $900, and the mobile app will be in the neighborhood of $20, which might sound like a pricey proposition overall, but at least they’re only charging a subscription fee if you want all of your media backed up in a cloud storage service. I can only imagine what Sling and Unify4Life think about zagg now…
Source ZAGG Inc.
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