Lenovo Looks Undervalued, But It Has To Rebuild Credibility A Quarter At A Time

Lenovo (OTCPK:LNVGY) is still struggling to find traction and restore its reputation. The shares down roughly 5% year-to-date, but down closer to 15% over the past year as investors and analysts remain disappointed and frustrated with the ongoing losses in the mobile business (and, to a lesser extent, the server business). Although a stronger than expected fiscal fourth quarter was a welcome bit of good news, Lenovo has to show that it can rebuild profitability in the PC business, drive the server business into the black, and at least stem the losses in mobile before the potential value of the company becomes a more relevant part of the conversation.

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Lenovo Looks Undervalued, But It Has To Rebuild Credibility A Quarter At A Time