Tetra Tech's stock drop seen as buying opportunity
Tetra Tech's stock has recently dropped due to concerns about U.S. Agency for International Development (USAID) spending. USAID accounts for about 10% of the company's revenue, which has low profit margins. Despite the stock correction, some analysts view this as a potential buying opportunity. They note that the impact of USAID on Tetra Tech's overall performance is limited. The company's financial health remains stable, and the recent decline may not reflect its long-term value. Investors are considering this moment to reassess their positions.