The reason NMT is down of late is that there has been a macro switch from growth to value stocks. NMT is most definately a growth stock. Investors are looking for cash generation given the uncertainties in the market with high inflation and monetary titghtening beginning.
However given that NMT has a simple to understand focused and very profitable business solving real world problems with compentent management this stock is a long-term buy.
I am a buyer at $1 and a seller at $10.
NMT Price at posting:
$1.32 Sentiment: Buy Disclosure: Held
