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AGX·Argan's Revenue Set to Soar with a 13.31% Growth in the Coming Decade
The recent stock price volatility was a result of good old-fashioned profit taking from traders versus investors. The super strong runup in stock price prior to earnings was quite impressive, almost demanding of a pullback, regardless of the blowout earnings report. I do not believe the stock price will continue to see such volatility unless there is a macro event that shakes the whole market. As I am a long-term investor in the general theme of electrical infrastructure to support The Ai Renaissance and the coming of Quantum Compute, I am not concerned about the post-earnings price action. Should there be a greater pull back than where the price is now ( ~$222 pre-market 6/13) I have downside price alerts starting around 197 to nibble my position larger.
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