 Okay in this video we're going to talk about a penny stock that could be reaching $10 soon. It's a stock that's arc invested heavily invested in. I'm going to give you my take on it in this video. I've got to say I'm not a financial advisor. I'm a business teacher in my daily life but I'm by no means an expert on the stock market. We'll go straight into the information. If you leave the video a like that would be fantastic. It's now my fourth video today and I am starting to get really tired now but we'll get right into it. We'll get right into the information. So the stock we're talking about today is Seragon and the ticker symbol here for Seragon Networks is CRNT. This stock's been talked about a little bit. I'm going to give you my take on it here as well and you can notice here that arc invest is actually invested in Seragon. They've got a lot of shares here in terms of the market value and the interesting thing here is the weight percentage, 3.82%. It's also their second biggest holding but after the recent increase, slight recent increase, I still think it's got a lot further to go. I think it's going to potentially go to $10. But even due to this slight recent increase, well I'll say slight, it's been quite a bit of an increase. This probably portfolio weight wise in terms of money invested in the stock is probably going to go to number one. So this could be the number one holding soon. Okay, Seragon Networks. So who are they? Who are Seragon Networks? What do they do? So they're involved in many different areas. So first of all and most importantly, they're involved in mobile and telecom and they unlock 5G potential with flexible wireless hauling. And then they've got maritime oil and gas which is offshore operations made simple with a reliable secure high capacity low latency solution. Then you've got public safety and you've got regional carriers and ISPs and also utilities in terms of operational efficiency. And what do they try to do? So their values are that their operational efficiency. So they are very efficient in what they're doing and what they're providing, particularly with 5G efficiency is incredibly important. Peace of mind and business success. Okay. So before we move on to some further information about this stock, I would say if you can like the video, subscribe to the channel if you're new, that'd be fantastic. And turn on notifications, we cover many penny stocks. And you know, if you turn on notifications, you'll get an alert and get your information straight first. You'll be first to the queue for the information. We talked about a stock earlier today called Inuva, right? Inuva, I'll have you pronounce it, Inuva. It was at 0.6. Okay. It's now at $1.50, $1.60 around that $1.40. So it's more than doubled. It's almost on for a massive, even more return than that. So again, if you want to get alerted to the next like hot is penny stocks that are potentially going to run up, then turn on the notifications and subscribe to the channel. And thank you for all the support that you've all been given. I'm trying to get to 10,000 subscribers as fast as we can. Okay. So moving into this, I want to focus upon the 5G area for this company here, because this is an area that's growing. So growing market. And you can see here it says 5G is expected to create opportunities for service providers, new revenue streams, service offerings and additional target markets. Now, in terms of global mobile data, it's going to be increasing more. There's going to be increases in data. And 5G is a massive market, potentially one of the biggest markets out there in terms of potential growth and total addressable market here. And you can see the potential here. And I think that it has got a lot of potential. And I think you do need to have a couple of 5G players in your portfolio, because you want a piece of that pie in terms of in that market that's just going to expand and grow. Okay. So this one's got potential. Some interesting thoughts here. So it's positions to capitalise on accelerated multi-year evolution of 5G. It's recognised 5G technology is a leader with enabling technologies and products uniquely suited to the up and right up and core approach. Products give operators critical time to market flexibility, capacity and cost advantages. It's positions to obtain market share of highest value opportunities, and to gain overall market share, which is brilliant because they've got the innovation already. They've got the products and what they're trying to do is then expand and commercialise and build on the market share. It's now participating in growing numbers of new selection process, moving from design wins to low volume POCs towards volume shipments and deployment beginning late 2021. With this, there's a lot of catalysts as well, dependent on contracts that they get as well. They've also got financial stability enabling continuous innovation and design to cost investment, which is brilliant. And also another point here is actually the fact that they've actually been increasingly, the analysts have been increasing their price targets on this stock. So you've had Needham, which has actually, after a confident conference talk that they viewed and they were happy with this conference talk, they actually increased their buy rating on this stock. They actually increased it, which is important there because if analysts are going to continue to increase it, that's going to have an impact potentially on the share price as well. And it has a little bit as well already. The stock as you can see here is currently set at 647, I believe it's 33% up on the day. So it has actually moved up quite a bit. It's starting to have a bit of a dip now though, which may present a buying opportunity. I do got to say you have to be careful with this stock because it has run up a lot and you don't want to get firmer. So I'm establishing a position in this stock and I have, but I haven't put a massive position in it. It's a really small position. I'm trying to build my positions in 5G stocks because it is a growing industry, I do recognize that, but I'm also in EV sector, I'm in a clean energy sector, other sectors as well that are growing industries. Robotics is a very big one for me. We've called out a robotic stock before, TransEntrix. We were one of the first YouTubers to call it out at 0.80 or something like that, 0.70 and it's now at $2, $53, I forget now, but it's fluctuating, but it's up a lot. So that's why you subscribe because we go through the hottest penny stocks and we go through ones that have got a lot of potential. But again, this one I do think has got the potential to break $10 and go to $10 in the medium term. I think it may take a few months for it to actually break $10, but I think it's got potential to do so. It's certainly got potential to move up from its current price, but I would potentially only put a small position on this stock at this current price, but I do think that it's going to run up further, so maybe put more of it than a small position. You decide on the strategy on that, how much weight and you would want on this stock if you're considering it, but like say, I'm personally only having a small position, but I do see the potential as a company as well. Anyways, thanks for watching the video. Don't forget to leave the video a like, subscribe to the channel, and I'll see everybody in the next one.