Jul. 3 at 9:28 PM
$CRWV
I wasn’t a massive fan when this was trading at triple-digit levels.
But at ~
$80/share, with a backlog that’s now more than 2x the current market cap, the risk/reward starts to look very different.
This is the kind of setup where sentiment and valuation disconnect from underlying contract visibility and that’s usually when things get interesting.
Not calling a bottom, just saying the structure is shifting.
Looking to focus on the names setting up in good groups..
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