Here's another one that's close to triggering my buy alert today. SAIC is a government technology contractor and should fare well under a Democrat administration. It pays a nearly 2% dividend, and I estimate forward P/E at 12-13 and forward P/S at about .8. That's an objectively attractive valuation and also leaves about 16% upside to SAIC's median multiple of the...
The PEAD projected a neutral outlook for $SAIC after a negative over reaction following its earning release placing the stock in Drift C
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After Earnings, #SAIC has proven a baseline around 80$. The markets reaction with a decent move back to earlier levels, can be interpreted as a positive signal to be long here.
Fundamentals also look not bad. Operating Margin, which is around 5% , still has a big room for improvement.
The chart will show that yes earnings were lower than expected, but the future is bright for this company. Investors came to their senses and quickly grabbed back shares. This may indicate a breakout in 2020.