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Stock impact report

3 “Strong Buy” Penny Stocks With Massive Upside Potential [Yahoo! Finance News]

Lantronix, Inc. (LTRX) 
Last lantronix, inc. earnings: 2/12 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: lantronix.com/investor-relations
The possibility of a breakout, and the chance to reap rewards, may be closer than we think. Writing from JPMorgan, quant analyst Marko Kolanovic sees the main chance turning toward a 2H20 economic recovery and new market records by 1H21. He bases his stance on new data showing that the COVID-19 pandemic may have already peaked, and that the worst-case scenario is unlikely to come about. With that in mind, the Fed’s stimulus and Congress’ monetary aid will be more important factors than poor earnings in the first half of this year. He states, “The combined suppression of the risk-free rate and credit spreads by the Fed likely has a bigger positive impact on equity valuation, compared with the negative impact of the temporary earnings loss.”It’s a situation that gives investors an incentive to buy. We’re not in a true bull market – not by a long shot – but the recent bear has pushed prices down and the current rally is opening up the prospects of gains. All that remains is finding the r Show less Read more
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