Aerial imaging & location data business NEA has been under pressure this month after legal proceedings were initiated by rival Eagle View with regard to a patent infringement. We could argue that these legal proceedings are only going to impact short-term liquidity as opposed the its real earnings power especially in the US. The risk reward back towards the stocks 2021 low is appealing although this is clearly an aggressive play.
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PULSE CHECK WEBINAR: Portfolio positioning towards FY26
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Gerrish: The correction is done, we’re positioning for what comes next
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Friday 6th June – Dow off -108pts, SPI down -13pts
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MM likes NEA under $1.70
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Gerrish: The correction is done, we’re positioning for what comes next
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Friday 6th June – Dow off -108pts, SPI down -13pts
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