KTOS- Aerospace & DefenseKratos looks very interesting to me. I am definitely late on the perfect entry at 4.56 but this price has been consolidating and moving sideways since 2006. Price is currently breaching its 2001 price. Why has price moved back into these levels? I did a quick search on the news to see what i could find and the first article said the following.
Drone Operations Industry Substantially Expanding Usages, Transforming into A Billion Dollar Revenue Opportunity.
This makes me want to look more into this area of the market to find the best companies to trade.
I think KTOS has the potential to reach PT1 quick especially with earnings in 11 days, with many potential targets above. I just found a similar company i will review next that gapped up 30%! on earnings.