With the coronavirus pandemic raging across the US, investors need to be looking at the big picture when placing their bets. So far, we have seen great success with the work from home plays, Zoom Video, Netflix, DocuSign, and many others. With the fall school season approaching, investors need to focus on the school from home plays. The best bet in the sector looks to be Boxlight stock.
About Boxlight Stock
First up, here’s a little background info for those that aren’t familiar with Boxlight stock. Boxlight Corporation is a leading provider of technology solutions for the global learning market. The company aims to improve learning and engagement in classrooms and to help educators enhance student outcomes, by developing the products they need. The company develops, sells, and services its integrated, interactive solution suite including software, classroom technologies, professional development, and support services. For more information about the Boxlight story, visit http://www.boxlight.com.
Boxlight and Samsung
While everyone is waiting for the official press release about Boxlight stock and Samsung, the two companies are already working together. On the company’s website it talks about the two:
Create a more collaborative and engaging teaching-learning experience with Samsung Digital Signage for Education and OKTOPUS software. OKTOPUS software includes over 70 subject-specific annotation tools, over 10,000 premade K-12 lessons, and GameZones, a gaming component for practice and review of learned concepts and skills. This unique bundle is available only through Boxlight and it includes 4 custom professional development courses where learners apply newly learned skills for both Samsung hardware and the educational software bundle.
Schools Not Opening
Many schools are going to an online curriculum for the fall semester. Distance learning has started accelerating in California with districts serving at least 1.4 million of the state’s 6.2 million public school students announcing that they will be teaching students remotely, at least to begin the school year.
The company’s MimioConnect combines innovative lesson building and instructional tools to create an active learning environment. Teachers and students can connect from anywhere making this a perfect solution for distance teaching and blended learning environments. Lessons can be presented to a group of students or assigned for individual, self-paced learning. Boxlight’s goal is to help maintain continuity throughout all learning environments and create pathways to keep the routes to learning open and consistent without disruption.
MimioConnect integrates with the most commonly used platforms in education including Google Classroom, Microsoft 365, Schoology, Canvas, Moodle, and Blackboard. Teachers can use existing content such as PowerPoint or PDF documents, or import interactive lessons created using Smart Notebook, Promethean ActivInspire, MimioStudio™, and Oktopus. Darin Beamish, VP Software Boxlight, said:
“We are excited to launch the MimioConnect platform during a time when there is so much uncertainty about how class will be conducted going into the 2020-2021 school year. Our development team has worked tirelessly to create a solution that will meet the needs of school districts, teachers and students that follows a blended learning model, includes assessment and provides student monitoring. This solution is simple to use, integrates with existing LMS solutions, allows users to use existing lesson content and works with existing technology. This solution can be implemented immediately and used in the upcoming school year.”
Why Boxlight Stock Is A Smart Bet
Here are a few reasons why we like Boxlight stock.
- The company raised $10 million last month. We don’t expect another equity raise anytime soon.
- A press release should hit the tape any day now about Samsung.
- Federal and state funding is coming for schools to set up online education. Boxlight provides seamless solutions for this scenario, which is further enhanced by a partnership with Samsung. This is the real bull thesis behind the spike of the stock price, and it will continue into the fall.
- Even at $4, Boxlight stock trades at half the IPO price and below the all-time high just above $16.
- Its current market cap is just $61 million, making the company an attractive acquisition target.
- Boxlight stock trades at just 1.82x sales and sales are growing. For Q1 2020, Boxlight reported that revenues increased by 15% to $5.7 million, and orders increased by 85% to $7.6 million over the same period in 2019.
The school from home trend is a reality. Even when we have a vaccine for Covid-19 and students return to the classroom, a hybrid model of online and classroom learning is a new reality. Students need to be prepared to use technology to better prepare them for today’s new work from home environment. Workers have had to adapt with Zoom, Slack, and other technologies. Teachers and students will do the same. The best bet is to find the company with the best technology in the space. In our opinion, that is Boxlight stock. Any dips in Boxlight stock represent a discount entry opportunity.
As always, good luck to all (except the shorts)!
We will be updating our subscribers as soon as we know more. For the latest updates on NASDAQ:BOXL, sign up today!
Disclosure: We have no position in NASDAQ:BOXL or any of the securities mentioned. We wrote this article ourselves and it expresses our own opinions. We are not receiving compensation for it. We have no business relationship with any company whose stock is mentioned in this article.