- A perfect storm of events hit this stock in 2020, but the selloff due to a restatement and Covid-19 is overdone and providing investors with a major buying opportunity.
- While Covid-19 did impact some business and production for this company, it appears poised to rebound since about 90% of its business is from the defense industry.
- This company has a major backlog of orders for the foreseeable future and management says it is fully booked for 2021.
- Before Covid-19, this stock traded between roughly $6 to over $8 per share over the past couple of years, and it seems poised to get back into that range once again.
For further details see:
CPI Aerostructures: After A Rough Year, This $3 Aerospace Stock Is Poised To Fly High In 2021