1805 ET - Worries over KinderCare's reliance on government funding amid DOGE cuts have pressured the stock, down 38% so far this year. The selloff is overdone, though, given its funding source has grown consistently through many administrations and economic cycles to help low-income parents afford childcare, according to BMO Capital Markets analyst Jeffrey Silber. Even if its funding were cut, the company has cost levers to offset much of the impact, and its smaller competitors are likely more reliant on such funding, Silber says. He says the selloff provides an attractive entry point for the stock. (kelly.cloonan@wsj.com)
(END) Dow Jones Newswires
April 04, 2025 18:05 ET (22:05 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。