$RCAT Revenue up 1842% YOY. Surge incoming 📈

AI Summary

Bullish on Red Cat Holdings (RCAT) citing 1842% YoY revenue growth, US Army contracts, and expected benefit from a larger US defense budget.

RCAT — LONG The author argues Red Cat Holdings, a US-based drone manufacturer, is positioned to benefit from Trump's proposed $1.5 trillion defense budget, nearly double the current global-leading US budget. With existing US Army contracts and preferred-vendor status, the author expects additional contract wins to drive the stock higher. The stated catalyst is the revenue surge (up 1842% YoY) and the expectation the stock 'took off in the next few days.'

Red Cat Holdings is a US based drone manufacturer- the perfect stock to buy for Trump’s 1.5 Trillion USD defence budget (almost a 100% increase from it’s already global leading budget)

Score 176

Comments 67

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u/BuffettsBrother Reddit r/pennystocks

RCAT drone maker to gain from defense budget

The author argues Red Cat Holdings, a US-based drone manufacturer, is positioned to benefit from Trump's proposed $1.5 trillion defense budget, nearly double the current global-leading US budget. With existing US Army contracts and preferred-vendor status, the author expects additional contract wins to drive the stock higher. The stated catalyst is the revenue surge (up 1842% YoY) and the expectation the stock 'took off in the next few days.'

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