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Added to YB: 2024-05-17

Pitch date: 2024-05-15

TSSI [bullish]

TSS, Inc.

+458.02%

current return

Author Info

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Company Info

TSS, Inc. provides integration technology services to implement, operate, and maintain information technology systems to enterprises and users in the United States.

Market Cap

$188.6M

Pitch Price

$1.31

Price Target

N/A

Dividend

N/A

Sector

IT Services

Category

turnaround

Pernas Research New Position: TSS, Inc.

TSSI: Modular data center play with strong AI tailwinds. New CEO (ex-Dell) driving turnaround. Acts as procurement agent & system integrator for edge data centers. Sees potential 10x demand increase from 'data gravity' trend. Trades at 7x EV/EBITDA. High customer concentration risk with Dell, but mitigated by mgmt's Dell background.

Read full article (1 min)