Disruptive

TECH STOCKS
About To Double

Plus one bonus undervalued growth stock that

promises BIG returns.
Growth Stock #1
Mitek (NASDAQ: MITK) is a small cap company with a market cap of $330 million
and is a global leader in mobile capture and identity verification software
solutions. Mitek invented Mobile Deposit, a software application that allows users
to remotely deposit a check using their camera-equipped smartphones or tablets.

Other services include Mobile Photo Bill Pay which allows users to pay their bills
using their camera-equipped smartphone or tablet, and Mobile Balance Transfer
which allows credit card issuers to transfer an existing credit card balance by
capturing an image of the user’s current credit card statement.

Mitek’s ID document verification allows an enterprise to verify a user’s identity

during a mobile transaction, enabling financial institutions, payments companies,
and other businesses operating in highly regulated markets to transact business
safely while increasing revenue from the mobile channel. The company has over
5,800 customers and services over 80 million consumers.

Source: Mitek 2017 Investor Presentation.

Over the last five years Mitek boasts a compound annual growth rate (CAGR) in
revenue of 38%, jumping from $9 million in 2012 to $40-$45 million in 2017, with
90% recurring business. The balance sheet is strong with $36 million in cash and
no debt.

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 Source: Mitek 2017 Investor Presentation.

There are currently 2B+ smartphones in use worldwide. Creating a growing global
trend, especially among the millennial generation, in transacting “all things”
electronically via their phone or tablet. The trend in data breaches, identity theft,
and money laundering is also growing at a rapid rate and cost US banks over $5
billion in fines in 2015. Mitek is perfectly positioned to benefit from both of these
growing trends.

Source: Mitek 2017 Investor Presentation.

2 Disruptive Tech Stocks About To Double 3

The current market for identify verification and access is a $10 billion dollar
industry which is currently growing at 16% and is expected to reach $17 billion by
2020.

Source: Mitek 2017 Investor Presentation.

In addition to the 5,800 US banks who utilize the technology services of Mitek, the
company also services world class customers in various other vertical markets.
Including cell phone providers, brokerages, credit card companies, large data
providers, and other financial and lending institutions.

Source: Mitek 2017 Investor Presentation.

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As you can see in the chart below, price has recently broken out above the old high
of $9.38 reached in May of 2016 and is now in a sideways consolidation between
$9.00 and $10.80.

Ultimately, I expect the price to breakout to new highs and resume the current
uptrend. According to Market Trend Signal, our proprietary trend following
software (for more information, see the last page of this report), the long term
trend is up as denoted by the green daily trading bars in the above chart. The
trend is also very strong with a current StrengthRank of 79. The current short-term
signal is vacillating between hold and buy, but more weight should be given to the
long-term signal which is currently in buy mode.

Source: Market Trend Signal.

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Growth Stock #2
The Meet Group, Inc. (NASDAQ: MEET) is another fast-growing small cap social
media company with a current market cap of 256 million. They own a portfolio
of mobile apps that connect people around the world for new social interactions.
Location-based social networks facilitate interactions among users and encourage
users to connect and chat with each other via mobile platforms, including on
iPhone, Android, iPad and other tablets, and on the web. The Meet Group owns
and operates the MeetMe and Skout mobile applications, and the meetme.com
and skout.com websites.

The company generates the bulk of its revenue through ad impressions across
their active and growing global user base.

Source: 2017 Investor Presentation.

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Since 2009, the company has grown revenue from $1 million to $98 million over
the trailing twelve month period. That’s a CAGR of 66%. The balance sheet is also
very strong with $74M in cash and no virtually no debt ($200K).

Source: 2017 Investor Presentation.

I believe the strength of

The Meet Group is having
a diversified portfolio
of mobile apps, since
the average dating app
user facilitates social
interaction and meets new
people through the use of
3.4 different dating apps.
The company plans to
grow both their user base
and business through
strategic acquisitions of
other social “meetup” and
dating apps.
Source: 2017 Investor Presentation.

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The Meet Group is on the cutting edge of innovation by offering live streaming
video services.

Source: 2017 Investor Presentation.

The rate at which the company breaks even on its marketing spend is incredibly
fast at only 90 days. Furthermore, by month 12, the company boasts an impressive
100% ROI on its marketing dollars.

Source: 2017 Investor Presentation.

2 Disruptive Tech Stocks About To Double 8

 Source: Market Trend Signal.

One of the features of Market Trend Signal is that you can toggle between the
trend following signals and the trend reversal signals. Often times, after a deep
pull-back like we have seen in the share price of The Meet Group (MEET), the
reversal signals can lead to a great entry before the longer term uptrend resumes.

That’s exactly what I expect to happen in the share price of MEET. Even the
strongest up trending stocks need a prolonged breather once in awhile. I would
say that running from $1.50 per share to $8 between September of 2015 and
August of 2016 was a very strong uptrend that got a little ahead of itself.
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Likewise, the current pull-back all the way down to $3.40 per share is also probably
“overdone” and likely to find strong support and start heading higher. Not to
mention, the reversal signal just gave a new buy signal denoted by the green
trading bars as the share price dropped from $4.50 per share to roughly $3.40.

Source: Market Trend Signal.

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BONUS: Growth Stock #3
Under Armour Inc. (NYSE: UAA), while not a disruptive technology company, is a
stock that we feel is undervalued and could double in the next year.

UAA is a large cap manufacturer of sports apparel, footwear, and accessories for
men, women, and youth. It markets its products under the brand name of Under
Armour, Heatgear, Coldgear, and Allseasongear.

Founded in 1996, over the last 10 years, Under Armour has grown from $600
million in annual sales to $5 billion in annual revenue. That’s a 25% average annual
growth rate, helping the company to evolve into a global athletic brand and prove
it has the ability to compete with major rivals Nike and Adidas.

However, because sales growth has slowed significantly from its blistering pace
over the last decade, along with declining margins, investors have punished shares
of UAA as they have dropped -70% from their 2015 high.

Under Armour is currently taking initiatives to extend their brand reach and
develop a more scalable infrastructure, which requires capital investments that will
weigh on margins and profits in the short run, but should pay off in spades over
the long term and help UAA maintain its pricing power inherent in the brand.

Based on estimated EPS of $0.40 for fiscal 2017 (excluding restructuring charges),
at the current quote implies a price-to-earnings ratio of 41, which is lofty, given
that I don’t believe Under Armour will ever return to the “glory days” of 25% year
over year revenue growth.

However, I do believe UAA can expand operating margins back to the 9% to 10%
range, and with moderate penetration into the footwear market (a current focus),
and given that only 17% of sales are generated outside the U.S., I believe a 10% -
12% growth in revenues is achievable.

With reasonable growth in both revenues and earnings, along with a healthy
margin expansion, earnings per share could be north of $1.00 within a few years,
implying a much more reasonable P/E ratio. The significant drop in the share price
has been exacerbated by the grim outlook for the retail sector as a whole.

One thing is certain, regardless of which retailers survive, and which online
distribution channels rise to the top, Under Armor is investing heavily in it’s own
DTC (direct to consumer) strategies and is a brand that is here to stay.

2 Disruptive Tech Stocks About To Double 11

Technically speaking, shares of Under Armor are deeply oversold and likely to find
strong technical support in the $13 to $16 range. From this level, we are likely to
see a strong technical bounce develop over the coming 12 to 18 months that could
easily see the share price more than double in value and possibly rise as high as
$40 per share.

Source: Market Trend Signal.

The share price of UAA is currently in a downtrend, and Market Trend Signal is
showing a short-term sell rating. And while the bearish trading signals generated
by Market Trend Signal have proven very accurate throughout the downturn, given
the two large gaps down in price this year and the length of the current downtrend
(2 years now), coupled with several other technical support levels, probabilities
suggest all the bad news is already priced into the current quote and that shares
of UAA are more susceptible to a new and sustainable uptrend, rather than
continuing to fall further.

Aggressive long-term traders and investors could buy now knowing that prices
could continue to drift slightly lower. More conservative traders and investors
could wait to buy until the Market Trend Signal short-term trading signal on UAA
shifts from sell to buy.

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What is Market Trend Signal?
MARKET TREND SIGNAL (MTS) is a computer driven, artificially intelligent
algorithm that analyzes over 15,000 US & Canadian stocks and ETFs to determine
the strongest and weakest stocks in both up and down markets and generates
unemotional buy and sell signals that you can easily follow.

It also generates long term buy and sell signals on the overall market so you can
position your portfolio in the direction of the dominant overall trend.

Because MTS is a computer driven, artificially intelligent algorithm, it never makes

an emotional “knee jerk” reaction, so you can trust the long-term buy/sell signals.

In fact, since 1970, Market Trend Signal has accurately predicted 22 out of 24
major market tops and bottoms including the panic of 2008 and the new bull
market that began in March of 2009. That’s a remarkable 91% accuracy rate.

Market Trend Signal can also help you identifying which stocks will become
tomorrow’s biggest winners. For example, since the market bottom in March 2009,
Cisco is up 131%, yet Select Comfort is up 6,400%.

Owning the strongest momentum stocks during bull markets can mean the
difference between building a respectable portfolio and one that drastically alters
your lifestyle.

Market leaders always exhibit greater price strength than mediocre companies. To
identify these market leaders, MTS assigns an individual strength rank from 0 to
99. The higher the strength rank, the stronger the stock. A stock with a strength
rank of 98 means that it is currently stronger than 98% of all other stocks.

Once you have identified a handful of the strongest stocks, simply wait for the next
buy signal and ride the trend for what could potentially be huge gains.

During a bear market, you can also search for the weakest stocks, many of
which will virtually go to zero and can can be an excellent way to profit during a
downtrend.

Even if you don’t like to short stocks, you certainly don’t want to be holding any of
these weak companies in your portfolio.

For more information on Market Trend Signal, click here.

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Disclosure: One or more of the principles or employees of Investiv and the author of this report may
have previously purchased shares in companies discussed or may initiate a position after 72 hours of
the release of this publication.

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