RE:This stock is way undervalued.Hi , I am respectfull in front of GD, Gulfstream is a very strong franchise. Look at he Flexjet web site, they put the gulfstream jets in the showcase, the GD biz jets backlog is close to 20 B$. That means something.
Will we hit 200$ in 2025 ?
I hope so but I prefer to look the problem with a probability angle, focusing on the more probable scenrio.
My feeling is that, since a few weeks, we could run with the parking brakes off for the first time since 1 year. Some fear are vanishing; the biz jet market is less cyclic, more resilient to economic cycles and the need to built a new jet from a clean sheet could be buried next wednesday.
Reaching a market value of 10 B$ in 2025 ( 100 $ / shares) could be enough to pile the cash on my portfolios. But that is too far for me, 70$ at the end of next week and 80$ at year end is more realistic and achiveable. My investment strategy is in accordance with these personal targets.
PS: What a delicious week, enjoy the next one.......the ride is not over.