Defence stocks ideas: Mercury systems

Mercury Systems is well-positioned to see robust growth in a new era of defense spending and benefit from increased outsourcing.
The military challenges posed by Russia and China were the catalyst for NATO countries to increase defense budgets, leading to 1.5T of additional defense spending over the next decade.
The recent slowdown in profits is not unique to Mercury and caused by temporary supply chain-related issues.
Shares have fallen 43% this year and are trading below their fair value.
Chart PatternsHarmonic PatternsTrend Analysis

כתב ויתור