Huami: Affordable Wearables Tech Company At An Attractive Price – Huami Corporation (NYSE:HMI)  

Summary

The market has been overreacting to a share sale by the company and pre-IPO investors.

Product launches will catalyze sales in 2019 and 2020.

The share price has dropped more than 40% from its peak.

Huami (HMI) listed its shares on the NYSE in February 2018 at $11. Currently the stock trades at $8.26 and we think the share price will rebound 40%+ in the next 12 months.

Source: Huami: Affordable Wearables Tech Company At An Attractive Price – Huami Corporation (NYSE:HMI) | Seeking Alpha

   Related Posts

This site uses Akismet to reduce spam. Learn how your comment data is processed.