Jun. 5 at 4:50 AM
$KRMN AVGO'S forward guidance disappoints and is dragging down other Tech and AI related stocks, this along with higher energy cost due to Iran having an effect on the overall economy.
May have a positive effect on pick and shovel defense and space stocks like KRMN as investors and some institutions rotate out of the Tech sector.
With less than 10 million shares not owned by insiders and institutions and 6.8 million shares short as of 5/15/26, there is a good chance of a near term 20-30% increase in stock price provided there is a rotation into defense and space stocks.
