What is SPCE? Spices... or space?
I have two stks for you that are in very long bases.
1> LDOS
The stock we removed from the Ideas For Now Portfolio because it never moved from $90 is now.... $90. It's incredible. The recent IPO of Palinteer that's basically LDOS... you get an endless steam of press releases about huge awards of contracts and no one cares... it's a highly frustrating section of the market. Earnings are guaranteed boring right?
Leidos Holdings(LDOS), a government contractor and health-care technology company, also looks attractive. FactSet classified it as an information-technology services company, trading at 15 times earnings, below the average of 26.8 in the industry. Leidos should lift profits 20.7% over the next 12 months, based on estimated 12-month Ebitda. CFO James Reagan recently told investors that he expects the firm’s backlog of orders to grow at a strong pace this year, and noted that Biden “has been a friend of the defense industry” and isn’t looking to cut the budget.