Stock price when the opinion was issued
At the time, there were huge announcements coming, and there was a huge order backlog. Is the only pure-play space tech stock in the world. The space economy is booming and they are perfectly positioned. Are famous for their robotics (Canadarm). The backlog has jumped from $3 billion to $5 billion, and recently raised guidance by 40% revenue and EBITDA growth. Trades at a discount to its US peers.
Exciting prospects. Cost of space has dropped so much it really opens up the market. That sector will have very strong tailwinds over the next several decades. Around for 55 years. Leader in space; satellites, sensors, components, Canadarm. Huge backlog. Great topline and bottom line growth. No dividend.
(Analysts’ price target is $37.69)The costs of space are coming way down and MDA is getting more and bigger contracts for more components. The backlog continues to grow. It executes well on its numbers. Space is an area to grow. It expands as prices come down which expands the whole market. Buy 6 Hold 1 Sell 0
(Analysts’ price target is $54.50)One of the themes he's focused on is space, a long-term secular trend. Space economy is in very early stages, and will go on for a long time. This one is fully exposed to that economy. Three basic verticals: robotics and space operations, low-orbiting satellite systems for Wi-Fi via satellite (best-known right now, huge backlog), geo-intelligence (defense).
Leader in the group. Clean balance sheet. Interesting strategic acquisitions. Growth stock. No dividend.
Last month, price, volume, relative strength were all pointing to a breakout to new highs, and now we see that. But a broad corrective phase is coming in 6-8 weeks. But you can start a position now, then add on weakness. Really likes the chart.