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EchoStar Corporation (SATS): A Bull Case Theory

We came across a bullish thesis on EchoStar Corporation on Valueinvestorsclub.com by OGBigJim. In this article, we will summarize the bulls’ thesis on SATS. EchoStar Corporation's share was trading at $28.61 as of July 18th. SATS’s forward P/E was 69.93 according to Yahoo Finance.

[caption id="attachment_1230340" align="aligncenter" width="768"] A 5G antenna farm connected to a network of wireless operators and strategic partners, signifying a global reach.[/caption]

Echostar faces a pivotal moment as the FCC, led by Chairman Brendan Carr, reviews extensions granted to the...