Technical analysis:
- Cup and handle pattern
- Stock holding up well against SPY and QQQ sell off
- Price above 200 MA
- Strong uptrend observed
Fundamentals:
- Anti-cyclical business model and the ability to generate high free cash flow
- The company is benefiting from high demand and improved supply chain, leading to increased revenue. Demand stems from increased defense spending in many countries due to rising global tension, increased private air travel due to pandemic, among other reasons.
- Stock is still undervalued
- Cup and handle pattern
- Stock holding up well against SPY and QQQ sell off
- Price above 200 MA
- Strong uptrend observed
Fundamentals:
- Anti-cyclical business model and the ability to generate high free cash flow
- The company is benefiting from high demand and improved supply chain, leading to increased revenue. Demand stems from increased defense spending in many countries due to rising global tension, increased private air travel due to pandemic, among other reasons.
- Stock is still undervalued