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MarketBeat
MarketBeat
Business
Jeffrey Neal Johnson

This Drone Stock Is on Sale Despite Big Army Contract

While many stocks with a Strong Buy analyst rating trade near their highs, Red Cat Holdings (NASDAQ: RCAT) presents a different opportunity. A recent pullback in its share price has created a potential discount on a company that analysts believe is poised for significant growth.

This valuation implies a healthy upside from the stock's recent trading price, which has seen it fluctuate significantly within its 52-week range of $1.66 and $15.27. 

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