GAXY Stock: The Best Back To School Play

With the coronavirus pandemic raging across the US, investors need to be looking at the big picture when placing their bets. So far, we have seen great success with the work from home plays, Zoom Video, Netflix, DocuSign, and many others. With the fall school season approaching, investors need to focus on the back to school plays. The best bet in the sector looks to be GAXY stock. GAXY Stock Daily ChartEarlier this summer, we profiled Boxlight because of its strong presence in the online education market and as a school from home play, which you can read here. We caught the move from $1 to $4, but the stock has dropped back down as President Trump and many Governors are forcing schools to open. This is the wheelhouse for GAXY stock and why this is the best bet for investors as students return to school. The best part is the upside for GAXY stock is a lot bigger than Boxlight as it trades at pennies per share. In this article, we take a closer look at GAXY stock and present the bull case.

GAXY Stock

First up, here's a little background info for those not familiar with GAXY stock. Galaxy Next Generation is a provider of interactive learning technology solutions that allows the presenter and participant to engage in a fully collaborative instructional environment. Galaxy's products include Galaxy's own private-label interactive touch screen panel as well as numerous other national and international branded peripheral and communication devices. Galaxy's distribution channel consists of 22+ resellers across the U.S. who primarily sell the Company's products within the commercial and educational market. Galaxy does not control where resellers focus their resell efforts, although generally, the K-12 education market is the largest customer base for Galaxy products - comprising nearly 90% of Galaxy's sales.[embed]https://www.youtube.com/watch?v=eikfArKjQ50&feature=emb_title[/embed]

Back to School Debate

President Trump wants students back in school. Florida Governor Ron DeSantis does too. However, teacher unions are fighting to prevent this from happening over fears of a COVID-19 outbreak.We support both sides of the argument. Children need face-to-face learning; however, you cannot jeopardize their health and welfare to do so. A solution is needed to make the classrooms safe for all and the one company that has the solution is GAXY stock.

GAXY Stock Cov-Shield

GAXY stock sells Cov-Shield, a clear plexiglass barrier for personalized workspace for the U.S. education and business markets. The plexiglass shield product is ideal to help maintain distance and keep personal workspace safe as you can see from this photo.Cov-Shield is available in a variety of sizes from 22-inch to 72-inch and is easy to set up, easy to move and easy to clean. Gary LeCroy, Galaxy's Chief Executive Officer, commented:

"With the CDC guidelines in-place and schools trying to figure out how to go back to school and still follow the guidelines, this product is necessary. We also believe Cov-Shield will be in-demand for the business market as companies, small and large, look to re-enter their offices toward the end of 2020 and early-2021. In fact, we have already pre-sold to a restaurant group. We look forward to rolling-out Cov-Shield and helping make the classroom, office, and restaurant a safer and cleaner environment."

TeacherView

In addition to Cov-Shield, GAXY stock offers TeacherView. Highlights of "TeacherView" Powered by G2 Software:

• Remote at home, local at school or hybrid classrooms
• Share teacher or student screens and video camera
• Distribute content and share websites
• Use multi-user whiteboard for collaborative learning
• Respond silently to electronic "hand raises"
• View thumbnails of students' screens in real-time
• Work alongside or remotely take control of screens
• Keep students on-task and apply device usage policies
• Lock screens to maximize attention and minimize distractions
• Limit access by blacklisting and whitelisting websites and apps
• Conduct surveys and quizzes

Hillsborough County

What got markets buzzing about GAXY stock last week was the deal with Hillsborough County Public Schools, the third-largest school district in Florida, and the 7th largest in the United States. Galaxy partnered with Hillsborough County Public Schools of Tampa, Florida for 20,000 Cov-Shield face-shields units as it gets ready to welcome back its students and teachers into a safe and protected classroom.We anticipate this being a huge opportunity for Galaxy as schools try to manage the social distancing requirements of the CDC for an August and September return to the school classroom. Cov-Shield is the ideal solution to allow for safe in-classroom learning.

GAXY Stock Long-Term Potential

GAXY stock is no short-term play. Many high-flying COVID-19 vaccine plays have seen some bursting of the bubble on the myriad of vaccine news that has hit the tape recently. Sorrento Therapeutics, Inovio Pharmaceuticals, and Moderna all dropped 57%, 62%, and 30% from their respective highs. Luckily, our readers and subscribers have been in Moderna since $21, Inovio since $5, and Sorrento since $4.The recent weakness is to be expected once it was reported that a Hong Kong man contracted the coronavirus twice in the same year. Most experts were under the impression that once someone had COVID-19, that they would be immune from catching it again. This new development has investors realizing that COVID-19 is going to be with us for a long time. The only solution is testing and prevention. This gives GAXY stock a tremendous runway for growth beyond schools as businesses will also need Cov-Shield.

Dilution Concerns

The biggest worry when it comes to penny stock investing is dilution from convertible notes. Luckily, GAXY stock is taking steps to avoid dilution by paying off notes that come due like the company did back in March. This is a company working for its shareholders and not against.

Bottom Line

All eyes are now on Hillsborough County and how it manages back to school with Cov-Shield. If all goes well, every school administrator in the country will be calling Galaxy to order Cov-Shield. Do the math and GAXY stock could be looking at hundreds of millions in revenues in the next few months.In regards to COVID-19, we believe it will be with us for quite some time. We will have to learn to live with it. For all the vaccinators like Bill Gates out there, we say where is the vaccine for HIV, SARS, the flu, or the common cold? If you can't develop a vaccine to fight those viruses, how can you develop one to fight COVID-19 in record time?All of these factors bode well for GAXY stock and why we believe it's a top play right now, especially trading at just a few pennies per share. Once more news hit the tape, we doubt these levels will last. Now is a great time to pick up cheap exposure before the big run.As always, good luck to all (except the shorts)!

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Disclosure: We have no position in OTCMKTS:GAXY or any of the securities mentioned. We wrote this article ourselves and it expresses our own opinions. We are not receiving compensation for it. We have no business relationship with any company whose stock is mentioned in this article. Insider Financial is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This article is not a solicitation or recommendation to buy, sell, or hold securities. This article is meant for informational and educational purposes only and does not provide investment advice.Image by S. Hermann & F. Richter from Pixabay