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RADA - RADA Electronic Industries Emerges Unscathed From The Pandemic
RADA Electronic Industries Ltd.
In our January 30 article, where we introduced our readers to RADA Electronic Industries (RADA), we argued that the investment thesis is really quite simple:
The market is still in the very early innings
Revenue growth will be 50%+ this year
Operational cost will stabilize with operational leverage kicking in
The company is very well capitalized
Well, if you look at how the share price developed subsequently, one might be under the impression that things aren't really as simple as that:
That move isn't, of course, entirely surprising, the graph of many