Are you interested in a stock that has steadily but slowly gone up from March 2009 to October, 2011 and since October has gone up from $25 to $34. Well NeuStar Inc (NSR) looks like the company. However, when we look under the surface, we see that the company has offered a tender to buy back 9.9 percent of its class A common stocks. The price that NeuStar will pay is $34.50. The tender closed last Friday with the selling price of $33.46. The price continues to rise and is now up to 33.96. The question is will the stock continue to rise or will it settle down to where it was 3 months ago at $25.
According to Brian Nelson, this stock is undervalued and therefore being sold at a bargain price. NeuStar was a spin off from Lockheed Martin in 1999. The company runs databases that direct the rooting of phone calls through North America’s networks and carriers.
The management of NeuStar includes Dennis G. Ainge, Paul S. Lalljie, Mark F. Bregman, Lisa A. Hook, Steve J. Edwards and Scott Blake Harris.
Disclaimer: The information in this article is insufficient to base investment decisions on. All decisions should be based on a thorough analysis of the investment.
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