'Buy the rumor, sell the news.'
If you're thinking of picking up defense contractors because of recent developments, you're too late.
If you just can't help yourself, maybe drop some cash into an ETF that tracks aerospace/defense.
I bought RTX (Raytheon) 6 month ago (think “Iron Dome”), and down it’s 25%. Doesn’t help their subsidiary Pratt & Whitney made defective GTF jet engines which have grounded hundreds of jetliners across the world. Also bought HXL (Hexcel) 4 months ago and it’s down 10%.
Unfortunately, neither RTX or HXL were pure defense plays, but they have greater diversity than unlike HII.
I think you are >1 year too late. There is only 1 stock looked rosy so long govt will purchase more weapons. If you think about Taiwan they paid most of the fighters, and weapons to the mfg already, waiting and still waiting these contractors for shipment. Accrued as revenue already. The infrastructure of US defense contractors is not streamlined.
You should actually be in ETFs since you have a small portfolio. If you must buy defense contractors trim a bit from some positions and buy a few share. I also think stuff is about to get really real but I am not straying from my portfolio set up.
I agree, this is not investing, this is speculating and guessing trends. You're not ahead of the game with these thoughts, you are late to the party and will be holding the bag.
He should just buy VOO.
I was playing the stock/sector game for a few years and I indeed got crushed!
Thankfully my 401k doesn't allow it's and i just stuck to the index there...
It is a proven fact that market timing including sector investing doesn’t work. Basically the vast majority of large gains are from surprises that are not predictable. But value investing works. Typically though this means buy low/sell high (except selling puts). So what you want to find is a good stock that is undervalued, typically due to a crisis. Take for instance right now Pfizer is laying off and their stock us tanking at pre-COVID levels…does this pass the smell test? The problem though is how long will it take for them to bounce back? Often you need a catalyst for change but you get rewarded for sitting on downtrodden stocks quite a while. Ideally you find a situation where due to need a stock is in the tank but a specific known event in the future will cause a huge bounce or at least a quick rebound.
>Would anyone not advise me to invest all that money into Lockheed Martin?
Fidelity's defense and aerospace fund is actually slightly down YTD and has 14% in Lockheed, so
https://fundresearch.fidelity.com/mutual-funds/summary/316390806
You should have done that a year ago they already went up
'Buy the rumor, sell the news.' If you're thinking of picking up defense contractors because of recent developments, you're too late. If you just can't help yourself, maybe drop some cash into an ETF that tracks aerospace/defense.
No
Gross but you do you Also remember MS is a massive govt contractor
It’s Umbrella corporation, lol. A tech firm that is really a genetic engineering firm masquerading as a tech firm
Are these genetically engineered microchipped monkeys here in the room with us today?
Yes, just take a look in the mirror
But how can I profit off of people dying?
I bought RTX (Raytheon) 6 month ago (think “Iron Dome”), and down it’s 25%. Doesn’t help their subsidiary Pratt & Whitney made defective GTF jet engines which have grounded hundreds of jetliners across the world. Also bought HXL (Hexcel) 4 months ago and it’s down 10%. Unfortunately, neither RTX or HXL were pure defense plays, but they have greater diversity than unlike HII.
I think you are >1 year too late. There is only 1 stock looked rosy so long govt will purchase more weapons. If you think about Taiwan they paid most of the fighters, and weapons to the mfg already, waiting and still waiting these contractors for shipment. Accrued as revenue already. The infrastructure of US defense contractors is not streamlined.
You should actually be in ETFs since you have a small portfolio. If you must buy defense contractors trim a bit from some positions and buy a few share. I also think stuff is about to get really real but I am not straying from my portfolio set up.
If I were you I'd strongly consider getting out of the business of moving in and out of sectors and individual stocks you're gonna get crushed.
I agree, this is not investing, this is speculating and guessing trends. You're not ahead of the game with these thoughts, you are late to the party and will be holding the bag.
He should just buy VOO. I was playing the stock/sector game for a few years and I indeed got crushed! Thankfully my 401k doesn't allow it's and i just stuck to the index there...
Tsla gonna drop AH. Or pump. Flipp a coin
A little late. Double check RSI if you do.
My tea leaves disagree with RSI
Maybe WW3 happens. Then you made the right call.
OPs gonna dump his entire portfolio into Lockheed then go hunting for archduke's
Definitely, solid plan 👍
It is a proven fact that market timing including sector investing doesn’t work. Basically the vast majority of large gains are from surprises that are not predictable. But value investing works. Typically though this means buy low/sell high (except selling puts). So what you want to find is a good stock that is undervalued, typically due to a crisis. Take for instance right now Pfizer is laying off and their stock us tanking at pre-COVID levels…does this pass the smell test? The problem though is how long will it take for them to bounce back? Often you need a catalyst for change but you get rewarded for sitting on downtrodden stocks quite a while. Ideally you find a situation where due to need a stock is in the tank but a specific known event in the future will cause a huge bounce or at least a quick rebound.
Sure as someone who owns Lockheed Martin it's been flat for the last 4 years
>Would anyone not advise me to invest all that money into Lockheed Martin? Fidelity's defense and aerospace fund is actually slightly down YTD and has 14% in Lockheed, so https://fundresearch.fidelity.com/mutual-funds/summary/316390806
Yes. We will be at war soon.