Uniti Group (UWL)Uniti is a diversified provider...

Uniti Group (UWL)
Uniti is a diversified provider of
telecommunications services,
specialising in fixed-wireless, fibre and
specialty telecommunication services.
The company has grown rapidly
through a number of acquisitions
over the past 12 months and is now
a strongly profitable and highly cash
generative business. Uniti looks set
for further strong growth over the
next 12 months through both organic
growth and likely further acquisitions
and is well positioned to fund this
growth with a strong Balance Sheet as
well as the cash generated from the
existing businesses. The stock looks
reasonable value on an FY21 PE ratio
of <30x.
BUY, Price Target $2.10