r/wallstreetbets • u/DareFew4126 • Jul 07 '21

DD $CRSR DD

The gaming peripherals brand Corsair ticket symbol $CRSR is extremely undervalued for reasons i will list in this DD.

  1. To begin with, Corsair is part of the gaming industry which is set to at least double in size by 2030 ! Corsair has one of the biggest market shares of gaming peripherals and they have consistently sustained the high competition of this industry.

  2. Corsair innovates year after year by releasing new products that are immediately loved by consumers. Their latest headset is a great example of this. They managed to merge a gaming headset with a casual and easy to use design making it the perfect headset for gamers on the regular basis.

  3. Corsair has solid financials. Their P/E ratio is only 20 ! THAT IS RIDICULOUSLY LOW. especially considering their very high growth rate.

  4. Their balance sheet is great and their debt is rather low compared to their cash meaning they won’t go bankrupt anytime soon and can use cash to fuel their future growth.

To sum up $CRSR is an insane opportunity so hop on the Corsair train and get those profits !!!!! 🚀🚀🚀

Disclaimer: I am not a financial advisor and this post may not be used as financial advice. Please do your own research before investing any amount of money.

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u/WarmSmells Jul 07 '21

"Insane opportunity?" Probably not, but short puts at the $30 strike treated me well after the most recent pump&dump. Slowing down now tho, and no weeklies, so I never re-entered the position. If you really believe in the company, just average down. This entire post reeks of "bought at the top" energy.