Ultrack Systems, Inc. (MJLB)
A new alert that has caught the attention of the masses this week, Ultrack Systems, Inc. (MJLB) has begun to hit scanners as this tech stock has managed to wake up in the market. And considering what could be happening within the industry that MJLB is in, this tech pick could be ready to ride the coat tails of growth into the end of this decade. Now that there’s been this surge in attention, we think that timing could be on our side to bring this to everyone’s attention.
In addition, MJLB has been no stranger to big swings in price either. This week alone it ran to highs of $0.07 and within the last 45 days or so, it’s jumped to nearly $0.11…that was in a single day. So, this mix of market momentum and previous gains has our interest piqued.
An Introduction To MJLB
MJLB is a provider of GPS tracking solutions. The company develops implements and distributes electronic monitoring and tracking systems for companies in leasing, transportation, construction, disposal and many other service driven industries. Their platform includes live tracking, reports and alerts all on a web based platform.
From tracking software & hardware to mapping capabilities & geo triggered alerts, MJLB has been building a suite of products to meet the growing need for the digital logistics market. MJLB has taken GPS tracking from the blip on the screen to a sophisticated back-end informative fleet tracking tool that allows you to micromanage your operation without the additional cost and effort.
Asset Management System Market Worth $25.55 Billion; 2022
MarketsandMarkets estimates that the Asset Management System Market was valued at $9.43 Billion in 2015 and is expected to reach $25.55 Billion by 2022, at a CAGR of 15.17% between 2016 and 2022.
Asset management solutions reduce inventory and stock management cost and effectively utilize existing equipment through tracking and monitoring both in real time and non-real time, thereby helping organizations to achieve their objectives.
These factors are driving the growth of the asset management system market. North America is likely to account for the largest share of the asset management system market
But seriously, think about it for a minute. How do you think you actually know where a package is at any given point? Is it pure magic or maybe leprechauns? No. It’s a fully built infrastructure supported by continued innovation from companies like MJLB…and from company perspective (not just a customer perspective), knowing where your assets are and how to improve on the transportation of those assets could be the difference between losing money or making an even bigger score.
More info on that HERE.
MJLB has been picking up steam this week and we think that this logistics tech alert could be set to continue the trend. If you choose, pull up MJLB now and let’s see if another run to $0.10 or higher is in store in the near future.
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