Key insights
- The post discusses CODA, a company developing underwater technology, and its potential relevance in modern warfare, particularly in the context of the Iran war and underwater mine warfare. The author suggests it's a high-risk, high-reward play, implying a bullish outlook based on increased demand for underwater defense technology. However, the impact on the broader US equity market is limited.
I wanted to get people’s opinions on CODA.
The stock develops underwater technology that is necessary for underwater drones to be used effectively. I think this current Iran war shows the importance of underwater technology in warfare moving forward. As far as I’m aware the US isn’t able to effectively take out any underwater mines placed in the strait of Hormuz but rather has to focus more on taking out the mine laying ships.
Wanted to get everyone’s opinion if this is a high risk high reward play they’re adding to their portfolios