Business Services Stocks: Caution & Promise

Todays podcast delves into business services stocks, focusing on two companies facing challenges and one with promising growth. Liberty Broadband, a cable and internet provider, has slow revenue growth and high cash burn, raising questions about its long-term model. Steelcase, a global office furniture manufacturer, has seen flat sales and earnings, with poor free cash flow margins. In contrast, Maximus, a government services provider, shows impressive revenue growth, market share gains, and significant earnings per share boost from share buybacks. Maximuss stock price suggests a reasonable valuation, making it a business to watch for its potential to scale and lead in its sector.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.