Daktronics (DAKT) Pricing Power

On November 30, 2021, NIA said in an alert, "The truth is, Daktronics (DAKT) is the ultimate inflation hedge, because it has strong pricing power. DAKT is one of only a select few companies in the U.S. today with the ability to produce, install, and maintain the most advanced, high-tech, large-scale digital displays for massive transportation infrastructure projects, professional sports stadium/arena projects, high school/college athletic projects, and commercial retail projects. DAKT deals with multibillion dollar sports franchises and local/state/federal governments, which are not affected by inflation like the U.S. consumer."

Last quarter, DAKT reported its largest net profit in history of $21.4 million!

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