The first company is CommVault Systems, Inc. (CVLT) , which BreakoutInvestments.com presented earlier this year and recognized 50%+ gains! The stock has since then pulled back to just a dollar above its 52-week low in the midst of recent market turmoil.
Here is what you need to know:
- A director purchased $137,500 worth of stock this month
- They have $98.21 Million in cash and no debt
- 90% of the shares are held by institutions
- 5 analysts rate it a "Strong Buy", 5 call it a "Buy", and 3 gave the stock a "Hold" rating
- Lazard Capital recently initiated coverage on CVLT and gave it a "Buy" rating