Shares to watch like a hawk in 2018 Sean O'Neill | November 20,...

Shares to watch like a hawk in 2018

Sean O'Neill | November 20, 2017

Nearmap Ltd (ASX: NEA)

Nearmap shares have been volatile recently as the company deals with ongoing speculation about competition and its chances of success in the USA. While a high-risk investment and currently unprofitable, Nearmap has a highly scalable solution. This means that it doesn’t cost much to add or maintain a new customer, making each customer very profitable as long as the company can keep growing.
While there are no guarantees the company will be successful, today’s share price essentially represents fair value for the Australian business in my opinion, with the US business representing significant ‘blue sky’ if successful.

https://www.********.au/2017/11/20/4-shares-to-watch-like-a-hawk-in-2018/