"The global agriculture drone market is expected to grow at a CAGR of 31.1% from 2019 to reach $5.19 billion by 2025. Drones in agriculture can ignite a big change in improving the efficiency of agriculture" - Meticulous Reseach.
A glance at its fundamentals reveals just as the thread title implies. Personally, my most conservative price target is around 80$
Technically, the price has retraced back to a strong pivot.
Do your DD & May the success be with you.
$TRMB
$CODX
Fundamentally:
- ROA, ROE, Profit margin VASTLY outperformed the industry
- All metrics pointed to slight, if not significant, under-valuation, with price standing at 10$ while the LOWEST TARGET ANALYST PRICE AT 20$.
- Who not loves hyper-growth? EPS & Revenue growth of CODX is quite IMPRESSIVE ( ~310% & ~40.000% - you see it right!)
- One WARNING relates particularly to the negative insider transactions.
Technically, the price is near its lowest low, largely attributed to its continuously missing the earnings estimate.
Personally, I will keep a close observation of it & with a little bit improved momentum, hallaluyah.
Above is just my personal opinion, do your DD & may the success be with you.
"The only time to buy is when there is blood on the streets".
To me, airlines have been bleeding badly even before & ever since the global pandemic. After all, the demand for flying is just unquestionable for hoomans. However, the risks for picking a particular airline firm remains excessive to many, which may bring the case for deeper consideration of an ETF, in this case JETS - largely considered the best ETF for such industry.
On the attached image, it can be seen that a bullish signal - roughly like a cup & handle pattern, has been formed, not to mention the rising momentum of prices and increasing favorable volumes.
If investing is about taking a limited risk ( stop-loss as the handle breaks) for a huge upside potential, which of course it is, then this ETF would definitely worth a look.
Above is just my personal opinion, am open to any kinds of feedbacks, do your own research & may the success be with you.
- Fundamentally:
- increasing revenues and incomes over the past 5 years
- gross margin and net margin outperforms the average of the industry by a fair degree
- current ratio: 9.8, meaning assets are around ten times the liabilities
- debt-to-equity: 0.4. *Anything below 1 is ideal
- cash flow from operations has been positive for the past 5 years despite fluctuation, which seems understandable for the nature of the industry. [Price - 69 ] < [ Low Analyst Target - 75 ] < [Fair Value IMO - 95, with the margin of safety being around 50%]
- Technically:
- moving averages still suggest an established uptrend.
- about to test the 150 daily ema.
- closest key support level at 64.5
Personally, I believe that as the recovery is underway, stronger momentum can be expected of in consumer cyclical/ residential construction.
Above is just my personal opinion, which is by no means a professional investment advice.
Do your own due diligence & make a choice & owe up to it
All the best. $DHI