Caution on Kraken Robotics' Valuation

about 1 month ago

Brett

"I would maybe want to buy it at 10 times, 20, 30 EBIT. Right now, the stock is up 30% in the last month and the valuation is a bit too expensive for my blood. It might be better to wait for a pullback before taking a position."

Despite the strong growth potential, the speaker expresses caution regarding Kraken Robotics' current high valuation. The commentary suggests holding current positions rather than buying at high multiples, preferring to wait for a more attractive entry point given recent price gains.