TLS trade ideas
Telos Corp, a buy option It has a support level at $34 and resistance at $40, currently trading around $ 37.
Touching its 55-period EMA.
In uptrend since December.
Belonging to a sector with future potential (cybersecurity).
With low volume waiting for a strong movement.
It can hit the $50-60 range during this quarter.
Among its main customers are the Department of Defense, Department of Homeland Security, Department of State, FedEX, Citi, Amazon, Salesforce, Microsoft, among others.
Backed by institutional investors like BlackRock, Vanguard, Goldman Sachs, Wells Fargo, and Citigroup.
"Telos Corporation is a provider of cyber, cloud and enterprise security solutions for the security-conscious organizations. Telos Corporation is based in ASHBURN, Va."
* It will report fourth quarter and full year 2020 financial results after the market close on Thursday, March 4, 2021
NASDAQ:TLS
TLS - Cloud PlayThe company provides cloud and cyber IT solutions worldwide. The company works with the US government (US Department of Defense, Civil Intelligence) and also operates in the business / commercial field.
Among its products
Enterprise cloud services, security and managed services; And Telos Ghost, a cyber security solution that gives organizations an anonymous way to do business, connect to global resources, and conduct online research to gather intelligence, protect cyber threats, secure critical infrastructure, and protect communications and applications.
The company is not yet profitable but continues to increase sales from year to year and seems to be on the right track to move to profitability in the future.
At a market value of $ 2B it seems to be significantly smaller than its competitors and undervalued