Daktronics: An OK Stock...

Cập nhật
Fundamentals:

Daktronics (DAKT) manufactures digi displays, scoreboards, statistics software and controllers. This company caught my attention because estimated eps for 2024 is over 500%. Funds are growing in number, but the quality of the funds are not A+ funds. I am learning more about the company since the financial crisis. It looks like they have recovered from a net loss. It is similar to LINK. Its sales have been over 30% q/q and y/y. Earnings are through the roof too. Their operations were affected in Shanghai by covid....and they recently overcame some supply chain distributions. It was around $2 Q1 2023. The price is still under $20, which is too cheap in my book. However, I like their recovery story. :)

Technicals:
Price is breaking out of a daily cup-w-handle patterns with growing volume.
Price is less than 15% off the highs from 2017.

Trade Plan:
Add a small position next week
Target is 16 and 40.


Ghi chú
Moves top to break-even
Cup And HandleFundamental Analysis

Thông báo miễn trừ trách nhiệm