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"Unloved" Stock Pick: Kratos Defense & Security Solutions Inc. (Nasdaq: KTOS)
Money Morning's "unloved" stock pick of the week is defense contractor Kratos Defense & Security Solutions Inc. (Nasdaq: KTOS).
After a big run-up in 2013, KTOS stock had leveled off this year -- until recently. An earnings miss helped spark a big drop of more than 50% from a 52-week high reached in June.
But investor overreacted. Kratos stock now is seriously oversold and poised for a major rebound in 2015.
Money Morning's "unloved" stock pick of the week is defense contractor Kratos Defense & Security Solutions Inc. (Nasdaq: KTOS).
After a big run-up in 2013, KTOS stock had leveled off this year -- until recently. An earnings miss helped spark a big drop of more than 50% from a 52-week high reached in June.
But investor overreacted. Kratos stock now is seriously oversold and poised for a major rebound in 2015.