Ondas Holdings: The New Defense Drone Darling Is Up 43% YTD
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Amrita RoyInvesting GroupFollow5ShareSavePlay(13min)Comment(1)SummaryI am rating Ondas Holdings a “hold” at the moment as the stock has gotten extended with its 43% YTD surge along with a steep forward valuation.Ondas stock is benefitting from optimism surrounding surging defense budgets, favorable legislation, and NATO spending, driving a 900% YoY OAS segment revenue increase and robust backlog.Strategic acquisitions are expanding Ondas's platform capabilities with a projected $500M+ in future revenue potential from these acquisitions.While Ondas’s balance sheet has strengthened and debt declined, high volatility, dilution risk, and competition warrant caution; technicals suggest waiting for RSI normalization before entry.Looking for more investing ideas like this one? Get them exclusively at The REIT Forum. Learn More » Sjo/iStock Unreleased via Getty Images Introduction & Investment Thesis Yesterday, Ondas Holdings (NASDAQ:ONDS) stock surged some 15%+, reaching close to its all-time highs (from 2021, since it IPO’ed) on the back of US President Donald Trump’s proposal for a massive increase to theThis article was written byAmrita Roy5.51K FollowersFollowAmrita runs a boutique family office fund in beautiful Vancouver, where she leads the investment strategy for the family fund. The fund's objective is to invest capital in sustainable, growth-driven companies that maximize shareholder equity by meeting their growth-oriented goals. In addition, she also started her own award-winning newsletter, The Pragmatic Optimist which focuses on portfolio strategy, valuation, and macroeconomics in concert with her husband Uttam Dey who is also a contributor on Seeking Alpha. Prior to cofounding her fund, Amrita worked for 5 years in high-growth supply-chain start-ups in downtown San Francisco, where she led strategy. During her time in the Bay Area, she also worked with venture capital firms and start-ups, where her efforts led her to grow the user acquisition business. During this time, she was introduced to investment portfolios and was able to maximize returns for clients during the pandemic. The cornerstone of Amritas work rests on democratizing financial literacy for everyone and breaking down financial jargon and complex macroeconomic concepts into formats that are easily digestible but more empowering than the typical investment thesis. Her newsletter has been featured as the Top Newsletter in Finance on popular newsletter platforms and she aims to bring her ideas to Seeking Alpha as well.Analyst’s Disclosure:I/we have a beneficial long position in the shares of PLTR either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.