Check out the 1-year stock price movements of the following companies in the Wi-Fi space: Ubiquiti (UBNT), Gowex (BME:GOW), Ruckus Wireless (RKUS), Aruba (ARUN) and Boingo Networks (WIFI). Gowex and Ubiquiti outperform Boingo, Ruckus and Aruba by a huge margin.
Ubiquiti makes wireless equipment, like Ruckus and Aruba (albeit Aruba focuses on the enterprise). But what is Ubiquiti’s special sauce? Why has its stock price risen so dramatically vis-a-vis its competitors?
Gowex is a Spanish company which purports to be a Wi-Fi aggregator (like Boingo) and a systems integrator (they claim to set up Wi-Fi networks for cities). Gowex is traded on 2 alternative exchanges (Madrid Mercado Alternativo Bursatil) and NYSE Alternext). As you can see from the chart, Gowex’s stock price has surged in the last 12 months, compared to Boingo, a company that has been around for many years and has thousands of paying subscribers around the world. What’s the secret of Gowex?
Can Ubiquiti’s and Gowex’s share prices continue going up like this? What say you? Please post in the comments below.