Good Evening Traders!
We know that small business drives the American economy and is consistently at the helm of innovation.
It is also a fact that many relatively small, unknown companies are often overlooked and undervalued relative to their accomplishments and potential.
If you are a fan of golf, a more than $69 billion a year industry, and have not yet encountered or used CADY's proprietary technology on the golf course, you are missing out.
Don't take my word for it.
Sprint and Samsung have moved to secure a partnership opportunity with CADY in this enormous growth segment.
Additionally, Troon, an operator of 200 public and private golf courses nationwide has secured an agreement with CADY to exclusively use its technology.
This company deserves your utmost attention before the opportunity slips away and the herd moves in.
Investor Highlights
CADY is exhibiting multiple undervalued indications that suggest this 26 cent play is bound for upward momentum due to fundamentals AND technical indicators.
CADY is trending along an RSI of 40 on the daily chart indicating a potentially undervalued market valuation.
The last time CADY traded at this undervalued RSI, the company experienced a rally in market value of more than 70%.
CADY has witnessed a tremendous rise in volume during the past week, indicating a growing interest from investors.
Recently CADY traded as much as 400,000 shares in one day. A growth of 390% above average 10 day volume.
CADY is trading at 26 cents, below its 50 DMA and 200 DMA, suggesting tremendous short and long-term undervaluation.
CADY's 50 DMA is at $0.309, suggesting that the company's present market value is potentially 16% undervalued right now.
About CADY
CADY (Digital Caddies) was founded in 2003 and has established a solid reputation and customer base using a low-cost, easy-to-use, easy-to-implement GPS service.
CADY has transitioned to a new business model by providing golf courses a wirelessly connected tablet-based navigation and content platform that is installed on golf carts.
With the CADY platform, course operators have the opportunity to increase revenue by promoting merchandise, food and beverage specials, or whatever they like through the system.
CADY also can help golf course operators lower costs by helping track golf cart inventory, manage driver behavior, and assist in forecasting agronomy issues.
CADY's one-touch golf course profitability solution enhances corporate margins by providing savings of up to $75,000 to clients annually.
The Golf Economy - A $177 Billion Growth Story
As the economy continues to show signs of recovery, golf, among other industries, has witnessed quite solid performance.
ClubCorp Holdings Inc., an operator of 152 golf clubs in 17 metropolitan cities went public this year with its IPO raising $252 million. 2012's performance in the first half of the year trended well ahead of the previous year's growth.
All of the major golf products posted tremendous sales growth.
Some 26 million U.S. golfers helped the industry generate $69 billion in revenue in 2011, according to the latest data from market researcher SRI International. While that's down from $76 billion in a 2005 SRI study, it tops revenue from such professional spectator sports as baseball, basketball, football and hockey combined, according to the Census Bureau.
Add in the spillover effect on industries such as tourism, and the golf economy expands to $177 billion.
CADY is positioning its technology to take a significant portion of this global growth industry.
Recent Developments
Digital Caddies, Sprint and Samsung to Provide Innovative Technology Solution for Golf Courses
OVERLAND PARK, KS and SCOTTSDALE, AZ--(Marketwired - Nov 12, 2013) - Digital Caddies, Inc. (CADY), a golf technology pioneer based in Scottsdale, Sprint a leader in the burgeoning field of Machine-to-Machine (M2M) technology and Samsung Telecommunications America, LLC have announced that Sprint will be the exclusive data provider and Samsung will supply the Galaxy Tab® 2 10.1 for the Digital Caddies Player's Network.
Earlier this year, Digital Caddies launched The Player's Network -- a course navigation and content platform installed on golf carts that connects to the web through Sprint's high-speed wireless network and improves guests' experiences by providing instant and accurate yardages, real-time interaction with the clubhouse, and other features golfers demand. Now golfers can interact with the platform on the Samsung Galaxy Tab 2 10.1, which is installed directly onto golf cart canopies and remains powered on throughout the entire round.
The platform is also a powerful tool for golf course operators to help build guest loyalty, and potentially increase course revenue and lower operating costs. The platform is specifically designed to promote interaction between the golfer and the Galaxy Tab 2 10.1 throughout their round, providing an opportunity for golf course operators and advertisers to interact directly with golfers in ways that have never been possible before.
Digital Caddies began installing The Player's Network this summer on courses in Arizona, California and Florida and recently signed agreements with leading golf management companies such as Troon Golf Management, OB Sports and National Golf Management who collectively manage over 250 golf courses.
"We're thrilled to have well-respected and successful brands like Sprint and Samsung share our vision," said Digital Caddies President, Mike Loustalot. "These top tier companies provide tremendous value to the execution of that vision by supplying high-speed connectivity and the latest hardware. We recognize and appreciate the creativity, foresight and commitment of both Sprint and Samsung."
Troon Signs Contract With Digital Caddies
SCOTTSDALE, AZ--(Marketwired - Oct 8, 2013) - Digital Caddies, Inc. ( CADY), a market leading tablet-based golf course navigation and content platform, has signed a definitive corporate agreement with Troon for The Digital Caddies Players Network. Troon operates nearly 200 public and private golf facilities throughout the United States and 27 other countries and is the largest golf management company in the world.
"We're extremely impressed with the Digital Caddies Players Network and the company's sound business strategy -- we see where this is heading," said Scott VanNewkirk Senior Vice President, Global Business Development for Troon. "Through this agreement, we're now able to leverage advanced technology to even further improve the service experience we offer to our golf properties and our customers."
Earlier this year, Digital Caddies launched The Player's Network -- a tablet-based technology platform installed on golf carts that connects to the Web through Sprint's high-speed wireless network and improves guests' experiences by providing instant and accurate yardages, real-time interaction with the clubhouse, and other content golfers demand.
"The addition of Troon and their portfolio of exceptional public and private courses will contribute to both the quality and growth of the Digital Caddies Players Network," said Digital Caddies President Mike Loustalot. "This is a big step toward gaining the critical mass of quality golf courses and golfers that makes the Players Network an attractive vehicle for digital advertisers, both locally and nationally."
CADY appears to be on the verge of greatness and I want my readers to have an opportunity to benefit. I believe that my new alert is still in its beginning stages and the best is yet to come. Time is of the essence. I expect great things from CADY and I urge everyone to get this stock high on their watchlist and begin their research immediately.
Stay tuned for additional updates on CADY as my new alert continues its favorable development!
To learn more about CADY visit their website: http://digitalcaddies.net/
As always, reach out with any questions.
