Hey all, this is my first post so hopefully I follow the rules correctly. I am very new to the investing world so I am trying to learn all that I can.
A stock I have been keeping an eye is Parsons ($PSN). It is a engineering, defense, and critical infrastructure provider. Business model is based mostly on government defense contracts, municipal/state civil engineering contracts, and commercial infrastructure management.
After the Q2 2026 earnings report today it has dropped \~35%. This seems like a very intense drop to me based on the long-term success of the company, EBITDA margin**,** backlog, etc.
Do you think this is a good stock to start building a position in based on the current stock price of \~$40 per share?
Thank you and looking forward to posting and learning more.