RTX에 대한 매도 수량은 투자자에게 RTX의 주식 하락에 베팅하는 정도를 알려줍니다. 매도 수량 데이터는 2주마다 업데이트됩니다.

RTX (NYSE:RTX) 주식, 공매도 수량 보고

Raytheon Technologies

RTX is an aerospace and defense manufacturer formed from the merger of United Technologies and Raytheon, with roughly equal exposure as a supplier to commercial aerospace and to the defense market. The company operates in three segments: Collins Aerospace, a diversified aerospace supplier; Pratt & Whitney, a commercial and military aircraft engine manufacturer; and Raytheon, a defense prime contractor providing a mix of missiles, missile defense systems, sensors, hardware, and communications technology to the military.

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대통령 당선인 도널드 트럼프가 백악관으로 돌아가면서 새로운 시대를 맞이하게 되는 가운데, 공화당은 좁은 차이로 하원 통제를 유지할 준비를 하고 있다.

美 공화당, 좁은 차이로 하원 다수당을 차지 할 예정: 에너지, 금융, 방산 부문에 미치는 영향

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선거일이 다가왔다. 공화당의 도널드 트럼프나 민주당의 카멀라 해리스가 승리할 경우, 다양한 시장 부문에 영향을 미칠 수 있다. 미국 국민들이 최종 집계 결과를 기다리는 동안 주목해야 할 주식의 목록이다.

美 선거일에 주목할 5가지 주식: 트럼프 미디어, 엑슨, 퍼스트 솔라, RTX 및 레나

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보잉 컴퍼니(NYSE:BA)는 노조에 가입한 공장 근로자의 파업, 정부 조사, ​​임원 해고, 재정적 손실 증가에 직면하면서 2024년 문제 목록에 대규모 정리해고를 추가했다.

보잉의 3분기 실적은 난기류에 직면: 지속적인 파업, 10% 감원, 안전 문제

RTX Corp

RTX ORD

RTX's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) short percent of float has fallen 3.12% since its last report. The company recently reported that it has 12.39 million shares sold short, which is 0.93% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.79 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>RTX Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1731601811_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for RTX has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing RTX's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, RTX's peer group average for short interest as a percentage of float is 3.11%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

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(RTX) - Analyzing RTX's Short Interest

Technology will extend operational reach and counter autonomous systems
EL SEGUNDO, Calif., Nov. 14, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) business, has been awarded a contract from the U.S. Army to work on directed energy wireless power beaming capabilities that will distribute power across the battlefield, simplify logistics, and safeguard locations for U.S. troops.
Work is being conducted as part of a larger effort under the Department of Defense's Operational Energy Strategy. Under the contract, Raytheon's Advanced Technology team will develop advanced wireless power transmitter and receiver technologies to enable a long-range demonstration in line with the needs of U.S. Army manned and unmanned system requirements.

Contracts

RTX's Raytheon Awarded U.S. Army Contract For Wireless Power Beaming Technology

President-elect Donald Trump has spent the week following <a href="https://www.benzinga.com/news/24/11/41768178/donald-trump-defeats-kamala-harris-to-win-2024-election">his election win</a> penciling in cabinet picks. His choice for Defense Secretary, Pete Hegseth, is raising eyebrows. 
The Pick: Hegseth was a co-host on Fox Corp&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOX#NASDAQ">FOX</a>) &#8220;Fox &amp; Friends,&#8221; Trump&#8217;s favorite television show. 
The Minnesota native, an Iraq and Afghanistan War veteran, has never held a government position. Hegseth has been a strong supporter of Trump since 2016.
<a href="https://apnews.com/article/trump-hegseth-defense-secretary-pentagon-2d8030921ecef933778cf92afd40ec72">According</a> to the Associated Press, Trump encouraged his supporters to buy Hegseth's book in June and said that if he won the election, "The woke stuff will be gone within a period of 24 hours. I can tell you."
Hegseth supports removing women from combat roles in the military, <a href="https://www.independent.co.uk/news/world/americas/us-politics/pete-hegseth-defense-secretary-trump-women-military-b2646325.html">according</a> to The Independent. 
Why it Matters: Trump&#8217;s selection of Hegseth surprised many Wall Street observers, <a href="https://www.barrons.com/amp/articles/trump-defense-secretary-pete-hegseth-stocks-d9af9d58">according</a> to Barron&#8217;s. The television host was not on the radar of research analysts.
Trump announced plans Tuesday to appoint Elon Musk and Vivek Ramaswamy to form the <a href="https://www.benzinga.com/government/regulations/24/11/41931503/trump-forms-doge-with-elon-musk-and-vivek-ramaswamy-at-the-helm-will-it-impact-tesla-ceos-role-at-the-ev-giant-and-spacex">&#8220;Department of Government Efficiency,&#8221;</a> aimed to &#8220;cut wasteful expenditures.&#8221; 
The sprawling U.S. military complex, which now <a href="https://fiscaldata.treasury.gov/americas-finance-guide/federal-spending/">comprises</a> 13% of the federal budget at nearly $1 trillion, has been unable to pass an independent audit for the last six years, <a href="https://www.reuters.com/world/us/pentagon-fails-audit-sixth-year-row-2023-11-16/">according</a> to Reuters.
Wall Street is apparently not worried that Musk and Ramaswamy will gut military spending to federal contractors. The iShares US Aerospace &amp; Defense ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ITA#BATS">ITA</a>) has risen over 7% since Trump&#8217;s election win. General Dynamics Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GD#NYSE">GD</a>), Lockheed Martin Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) and Rtx Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) have posted gains in that period.
What&#8217;s Next: Several Democratic Party politicians <a href="https://x.com/SenWarren/status/1856502912551158049">including</a> Senator Elizabeth Warren voiced disapproval of Trump&#8217;s pick, citing Hegseth&#8217;s lack of experience. The &#8220;Fox &amp; Friends&#8221; anchor will face a confirmation hearing in the Senate following Trump&#8217;s inauguration.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/news/global/24/11/41927289/trump-appoints-elon-musk-and-vivek-ramaswamy-to-lead-doge-targeting-bureaucracy-and-65-trillion-federal-spending-we-will-not-go-gently">Trump Appoints Elon Musk And Vivek Ramaswamy To Lead &#8216;DOGE,&#8217; Aiming to Slash Bureaucracy And $6.5 Trillion Federal Spending: &#8216;We Will Not Go Gently&#8217;</a></li>
</ul>
Photo courtesy of Wikimedia.

FOXA

Trump's Surprise Defense Secretary Pick Pete Hegseth Jolts Wall Street

Republicans are set to maintain control of the House of Representatives with a narrow margin, marking a new era as President-elect Donald Trump heads back <a href="https://www.benzinga.com/topic/donald-trump">to the White House. </a>
With control of Congress locked up Wednesday, Trump and his allies are poised to enact changes across various sectors, from tax reforms to potential deregulations, as the party mobilizes to advance its agenda across Washington, NBC News <a href="https://www.nbcnews.com/politics/2024-election/republicans-win-house-majority-trump-party-senate-control-rcna179231">reports</a>.
What Happened: Following a decisive win over Vice President Kamala Harris, Trump&#8217;s victory helped secure key congressional seats that kept Republicans in command of the House and the Senate. This sweeping Republican control creates a dynamic environment where Trump can enact his policy objectives with minimal opposition, positioning the party to reshape American policy on multiple fronts.
House Speaker Mike Johnson (R-La.) celebrated the victory on Capitol Hill, emphasizing the unity and optimism he expects to define the next two years of governance. Key GOP gains in swing districts across Pennsylvania and Michigan helped solidify Republican dominance, despite Democrat efforts to regain control, according to NBC News.
With this control, Trump's team may pursue reforms involving tax cuts, health care changes, and immigration policy adjustments aimed at fulfilling the promises for which he campaigned. Republicans will also be in a position to use "reconciliation," a procedural tool allowing legislation to pass more easily without relying on Democratic support.
Read Next:<a href="https://www.benzinga.com/politics/24/11/41950681/trump-once-said-political-career-over-about-john-thune-now-senate-majority-leader-working-with-him-to-pass-gop-agenda"> Trump Once Said John Thune&#8217;s &#8216;Political Career Over&#8217;: Now He&#8217;ll Work With Senate Majority Leader On GOP Agenda</a>
Why It Matters: The GOP's full leadership signals potential market shifts as Republicans focus on deregulation and reshaping economic policy. 
Analysts expect changes in sustainable investment strategies under Trump's leadership. JPMorgan's Virgina Martin Heriz highlighted that while some Inflation Reduction Act incentives for clean energy might stay, others, like electric vehicle tax credits, could face cuts. &#8220;Fund performance matters far more than politics,&#8221; she said, underlining that financial gains may drive <a href="https://www.benzinga.com/government/regulations/24/11/41926301/sustainable-investment-under-trump-performance-matters-far-more-than-politics-jpmorgan-analyst-says">decisions in renewable energy.</a>
In light of these changes, certain sectors may see pronounced impacts:
Energy Sector Growth: With a pro-energy agenda, traditional oil and gas firms could thrive under reduced regulations. 
<ul>
<li>ETF to Watch: Energy Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>), tracking companies like Exxon Mobil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>) and Chevron (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>), may benefit from policies aimed at fossil fuel expansion.</li>
</ul>
Financial Sector Deregulation: Reduced oversight in the financial sector could benefit banks and investment firms. 
<ul>
<li>ETF to Watch: Financial Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>), which includes firms such as JPMorgan Chase (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) and Bank of America (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>).</li>
</ul>
Defense and Infrastructure Investment: Increased defense and infrastructure spending could benefit contractors. 
<ul>
<li>ETF to Watch: iShares U.S. Aerospace &amp; Defense ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ITA#NYSE">ITA</a>), with major holdings like Lockheed Martin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) and Raytheon Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>).</li>
</ul>
Read Next:
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41930918/trumps-high-inflation-regime-will-weaken-the-dollar-and-push-bitcoin-to-1m-says-arthur-hayes-get-long-and-stay-long">Trump&#8217;s High-Inflation Regime Will Weaken The Dollar And Push Bitcoin To $1M, Says Arthur Hayes: &#8216;Get Long And Stay Long&#8217;</a></li>
</ul>
Photo: Shutterstock

Republicans Set To Hold Slim House Majority: What It Means For Energy, Financial, Defense Sectors

Lockheed Martin Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) shares nudged up by 1.07% on Monday as reports emerged that Taiwan might be loading up on U.S. defense tech, with Lockheed's Aegis destroyer and F-35 fighter jets at <a href="https://www.benzinga.com/quote/LMT/news">the top of the list</a>. 
This potential <a href="https://www.tipranks.com/news/lockheed-martin-lmt-stock-rises-on-news-of-taiwan-defense-purchase">purchase</a> aligns with Taiwan&#8217;s move to show its defense commitment amid rising tensions with China, a sentiment that resonates with the U.S.'s call for allies to step up their defense investments.
Taiwan is also looking to buy Patriot missiles from RTX Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) and Northrop Grumman Corp's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOC#NYSE">NOC</a>) E-2D Advanced Hawkeye radar systems, underscoring its efforts to bolster self-defense.
Read Also: <a href="https://www.benzinga.com/news/24/11/41803738/invesco-launches-new-etfs-targeting-ai-cybersecurity-and-defense-heres-how-some-of-their-peers-have">Invesco Launches New ETFs Targeting AI, Cybersecurity, And Defense. Here&#8217;s How Some Of Their Peers Have Performed In The Past Year</a>
<h2 class="wp-block-heading">Lockheed Expands Horizons With New AI Defense Partnerships</h2>
Beyond traditional defense tech, Lockheed is <a href="https://www.benzinga.com//node/41735903">diving into AI</a> with new partnerships alongside Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), and Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>). 
Meta recently committed to making its open-source Llama AI models available for defense uses, working with Lockheed and others to integrate AI into national security applications. 
This expansion hints at Lockheed's strategic shift toward high-tech defense solutions, aligning with modern security demands.
<h2 class="wp-block-heading">Eye On Korea: Lockheed's Bid For CH-53K Choppers Deal</h2>
On the global front, Lockheed's Sikorsky unit is in the running for a multibillion-dollar <a href="https://www.koreatimes.co.kr/www/nation/2024/11/113_386184.html">contract </a>to supply heavy-lift CH-53K helicopters to South Korea, <a href="https://www.koreatimes.co.kr/www/nation/2024/11/113_386184.html">reported</a> TheKoreaTimes. 
This special ops chopper could find a new home in South Korea's military by 2031, though it's up against Boeing Co's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) CH-47F in a closely watched competition.
<h2 class="wp-block-heading">LMT Stock Chart Signals For Bulls &amp; Bears</h2>
Despite the bullish news, the charts show a mixed outlook for LMT stock. 
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent111224&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="627" height="452" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/12060829/Screenshot-2024-11-12-at-4.38.18-PM.png" alt="" class="wp-image-642499" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/12060829/Screenshot-2024-11-12-at-4.38.18-PM.png 627w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/12060829/Screenshot-2024-11-12-at-4.38.18-PM-300x216.png 300w" sizes="(max-width: 627px) 100vw, 627px" /></a></figure>
<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent111224&amp;t=be2bearmibe3na1">Chart created using Benzinga Pro</a>
Trading at $570.58, LMT stock is above its eight, 20 and 200-day SMAs (simple moving averages), which signal strong support. 
However, the 50-day SMA, sitting at $578.05, shows slight selling pressure. 
The MACD (moving average convergence/divergence) reading of a negative 8.02 flags a potential downturn, while an RSI (relative strength index) of 51.57 signals a neutral stance, neither overbought nor oversold.
So, while Lockheed Martin has reason to celebrate with defense contracts and high-tech moves, investors might want to watch for potential pullbacks before jumping in.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/11/41891026/palantir-overtakes-lockheed-martin-in-market-cap-how-does-the-messi-of-ai-stack-up-against-the-traditional-defense-player">Palantir Overtakes Lockheed Martin In Market Cap, How Does The &#8216;Messi Of AI&#8217; Stack Up Against The Traditional Defense Player</a></li>
</ul>
Photo: Shutterstock

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Lockheed's Global Defense Expansion Drives Gains, While Technicals Hint At Pause

Collins Aerospace Receives $19M Contract From The Department Of Defense To Equip Fleet Of New H-47 Chinooks For The UK Royal Air Force

WIIM

Defense contractor companies are trading higher after the Pentagon granted permission to deploy in the Ukraine and repair US-supplied weaponry.

<a href="https://www.cnn.com/2024/11/08/politics/biden-administration-american-military-contractors-deploy-ukraine/index.html">https://www.cnn.com/2024/11/08/politics/biden-administration-american-military-contractors-deploy-ukraine/index.html</a>
&nbsp;
The Biden administration has lifted a de facto ban on American military contractors deploying to <a href="https://www.cnn.com/world/europe/ukraine">Ukraine</a> to help the country's military maintain and repair US-provided weapons systems, particularly F16 fighter jets and Patriot air defense systems, an official with direct knowledge of the plan told CNN.
The new policy, approved earlier this month before the election, would allow the Pentagon to provide contracts to American companies for work inside Ukraine for the first time since <a href="https://www.cnn.com/world/europe/russia">Russia</a> invaded in 2022. Officials said they hope it will speed up the maintenance and repairs of weapons systems being used by the Ukrainian military.
It is not clear whether Donald Trump will keep the policy in place when he takes office in January. Trump has said he hopes to end the war between Ukraine and Russia "within 24 hours" of returning to power.
"In order to help Ukraine repair and maintain military equipment provided by the US and its allies, DoD (Department of Defense) is soliciting bids for a small number of contractors who will help Ukraine maintain the assistance we've already provided," a defense official said.
"These contractors will be located far from the front lines and they will not be fighting Russian forces. They will help Ukrainian Armed Forces rapidly repair and maintain US provided equipment as needed so it can be quickly returned to the front lines."
The defense official confirmed that the US is moving forward with the plan because several of the systems the US has provided Ukraine, particularly F-16s and Patriots, "require specific technical expertise to maintain."
The shift marks another significant change <a href="https://www.cnn.com/2024/06/20/politics/ukraine-us-air-defense-capabilities/index.html">in the Biden administration's Ukraine policy</a>, as the US looks for ways to give Ukraine's military an upper hand against Russia. The Pentagon is expected to start listing the contracts online soon, the official said.
Over the last two years, Biden has insisted that all Americans, and particularly US troops, stay far away from the Ukrainian frontlines. The White House has been determined to limit both the danger to Americans and the perception, particularly by Russia, that the US military is engaged in combat there. The State Department has explicitly warned Americans against traveling to Ukraine since 2022.
As a result, US-provided military equipment that has sustained significant damage in combat has had to be transported out of the country to Poland, Romania, or other NATO countries for repairs, a process which takes time. US troops have also been available to help the Ukrainians with more routine maintenance and logistics, but only from afar via video chat or secure phone—an arrangement that has come with inherent limitations, since US troops and contractors are not able to work directly on the systems.
Allowing experienced, US government-funded American contractors to maintain a presence in Ukraine means they will be able to help fix damaged, high-value equipment much faster, officials have told CNN. One advanced system that officials say will likely require regular maintenance is the F-16 fighter jet, which Ukraine received earlier this year.
Companies bidding for the contracts would be required to develop robust risk mitigation plans to reduce threats to their employees, officials told CNN.
"The Department made this decision after careful risk assessment and in coordination with interagency stakeholders," the defense official said. "Each US contractor, organization or company will be responsible for the safety and security of their employees and will be required to include risk mitigation plans as part of their bids."
Current and former officials familiar said the policy change will not result in the kind of major American contractor presence that existed in Iraq and Afghanistan. Instead, it would likely result in anywhere from a few dozen to a couple hundred contractors working in Ukraine at a time.
"It is worth noting that there already are a wide array of American companies who have personnel in Ukraine fulfilling contracts for the Ukrainian government, so this will not lead to a substantial increase of employees of US companies working on the ground in Ukraine," the defense official said.

Macro Economic Events

Economics

General

'Biden Administration To Allow American Military Contractors To Deploy To Ukraine For First Time Since Russia's Invasion' - CNN

Macro Notification

Pentagon Lifts Ban On U.S. Defense Contractors In Ukraine To Repair US-Supplied Weaponry

The expansion will add maintenance, repair and overhaul (MRO) capabilities for the Pratt &amp; Whitney GTF engine in New Zealand, with capacity for up to 140 GTF engine overhauls planned annually by 2032.

Pratt & Whitney, Air New Zealand Reveal $150M, 14,000 Square Meter Expansion Of Christchurch Engine Centre

A Trump presidency<a href="https://europeancapitalinsights.substack.com/p/europe-frets-about-recession-after?r=3nmatg"> has raised concern in Europe that a new round</a> of tariffs under his <a href="https://www.euronews.com/business/2024/11/04/how-much-could-trumps-tariffs-damage-europes-economy">administration will cause a economic recession</a> in Europe.
A trade war during Trump's four-year term would also increase the probability of the European Central Bank (ECB) cutting rates faster to spur growth. Analysts issued pessimistic outlooks for European economic growth after Trump won the election.
On election day, the US dollar rallied sharply, sending the euro to a four-month low and boosting Bitcoin by 10% to a record high. 
European stocks exposed to the US have already shown their vulnerability. A Barclays basket of 28 <a href="https://markets.businessinsider.com/news/stocks/europe-trump-win-outlook-trade-war-tariff-crypto-djt-election-2024-10">European stocks sensitive to US tariffs</a> has underperformed the broader STOXX600 index by 15% this year.
<figure class="wp-block-image is-resized"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXct8vnUjY-sPthKAo54TyYzmMYbFqSL4UEAYKQ92gAtCRQgUelVyEGMtqrSv5-U9J6NvK7t574p40MtP_A5qNqhIcmcpalKh6Mo9wsCHR4vajc8gXwstW6pEO71UptWP9JJCG9DNX2_i2uFfEmKYzcnqF5rE03Y8J96wUCGAoSoj95B14a5yVE?key=heoBp3pffbhAPsc75vkVjtPK" alt="" style="width:624px" /></figure>
European stocks vulnerable to Trump tariffs, Source: Barclays Equity Research&nbsp;
&#8220;Tariff concerns have been a drag on EU equities&#8217; relative performance year-to-date,&#8221; Barclays analysts led by Emmanuel Cau wrote in a note on October 23. A basket of European stocks at risk of Trump tariffs declined compared to those geared toward Democrat policies.&nbsp;
<figure class="wp-block-image is-resized"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfLgvwadHYOazAM9Zi-a21uG9w7SBpC9fl_QTuUaoa3Zmta_kqPhfkbiEU1xgFnSvUYlS6ptCm16qeL0eKpnr4tl4Pj77Qz28PN6Gn4NPCI-aS736Rq-lP9TRf94MPI5aXAeKN_myLiVpshQNhbRPYpEacxegs_pBRx9iSN?key=heoBp3pffbhAPsc75vkVjtPK" alt="" style="width:624px" /></figure>
European stocks sensitive to Trump fall, Source: <a href="https://www.bloomberg.com/news/articles/2024-11-06/european-stock-futures-drop-over-tariff-worries-as-trump-leads?srnd=phx-fixed-income">Bloomberg</a>
<h3 class="wp-block-heading">Trump Presidency Could Impact Europe's GDP</h3>
The European Union (EU) will need to confront the reality of a much different relationship with its largest trading partner from January 20. Previous <a href="https://www.euronews.com/my-europe/2024/10/24/would-donald-trumps-trade-tariffs-hurt-europe">tariffs on 6.4 billion in EU steel and aluminum</a>, alongside threats on automotive imports, have shown how US protectionism can reverberate through European economies.&nbsp;
Trump&#8217;s potential trade policies in 2025, including a proposed 10% to 20% <a href="https://www.ft.com/content/c0f1d1b9-8348-4b7d-8ab7-186fcf2ebbd1">tariff on European goods</a>, pose a substantial threat to European growth. Following Trump&#8217;s win, Goldman Sachs <a href="https://www.ft.com/content/783a573c-7ff3-461c-86f5-f194a89e3926">downgraded Europe's growth</a> for 2025 from 1.1% to 0.8%, citing limited European auto exports.
The German economic institute IW believes the <a href="https://www.reuters.com/markets/europe/trump-presidency-could-deal-heavy-blow-germanys-flagging-economy-2024-10-24/">Eurozone&#8217;s GDP could decline by 1.5%</a> in 2027 and 2028. Goldman Sachs expects a 1% reduction if a 10% universal tariff is implemented instead.
Historically, Trump&#8217;s tariffs have hampered European growth due to steep declines in exports, a trend that could repeat. Major exports to the US accounted for ~90% of all European transatlantic exports in 2023 to €502.3 billion, European Commission (EC) data showed.&nbsp;
<figure class="wp-block-image is-resized"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcvDK80Z1hUJyXyvBBoAMMZeFNr-xIVF1HOlXtj5f6tyZXetVpHGPs9afu43LAEz62sGA2rBTRYFExGxZIpot6NEMoR9FSz8MZpQOWeaegFSiq-af0hbjlqRKJQcifBBKtRYdpvm-brz9WvSj6543imX5QpjbXn9iE8MSyrl2c9XKSTRVJvkWo?key=heoBp3pffbhAPsc75vkVjtPK" alt="" style="width:624px" /></figure>
EU trade with the US by product, Source: European Commission
<h3 class="wp-block-heading">Trump Presidency Could Cause Eurozone GDP Loos</h3>
The blow to the Eurozone from a potential 1.5% GDP reduction could translate to a €260 billion loss on an estimated GDP of €17.4 trillion for 2024. This is over half the entire transatlantic exports registered in 2023.
"The direct effects and the indirect effects and the <a href="https://www.bloomberg.com/news/articles/2024-11-06/ecb-s-guindos-warns-of-huge-implications-of-trump-tariff-plans">deviations of commerce will be huge</a>, ECB Vice-President and French central bank head Francois Villeroy said on Wednesday.
Even the lower end of the proposed tariffs would compel ECB policymakers to cut rates more aggressively in 2025 if Trump implements his economic policies. Sven Jari Stehn of Goldman Sachs said in a note on Wednesday that he expects the ECB to cut an additional quarter-point in July.
&#8220;The American election must sound like <a href="https://www.reuters.com/markets/ecbs-villeroy-trump-election-means-more-risks-world-economy-2024-11-06/">a wakeup call for Europe</a>,&#8221; Villeroy said.&nbsp;
<h3 class="wp-block-heading">Germany At Greater Risk From Trump Presidency</h3>
Nations with large trade surpluses with the US face significant risks from policies that have strained transatlantic economic relationships in the past.&nbsp;
&#8220;Half of Germany&#8217;s growth always comes from exports and if you look at what&#8217;s going on in the world, you have to say that this pillar is under attack,&#8221; Germany's Economy Minister Robert Habeck said in October.&nbsp;
Germany exported over €157.7 billion of goods to the US in 2023. However, exports to the US contracted by 0.3% amid slowing demand and geopolitical escalation.&nbsp;
<figure class="wp-block-image is-resized"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcunKZmSO2PXjTxoH5i3tumZTnE67LZaCy7n4plCOQCM-KaRa1NuHKfI4lwpeo7MwLbb0Aqn3RC9uLnOkJStOR3w4q2RuS55tghIU6m7QH1DLzfjJN5JdP3W4yQjJtarOqVnK06z5h7keeKLRkVAAEVOWJuwmL_gOl6HSiH65l3dYNqP9_E8Tc?key=heoBp3pffbhAPsc75vkVjtPK" alt="" style="width:624px" /></figure>
Germany Exports to the US, 2012-2023, Source: Tradingeconomics
Dirk Schumacher, head of European macro research at Natixis Corporate &amp; Investment Banking Germany, says a 10% tariff increase could reduce Germany&#8217;s GDP by approximately 0.5%. A study by the Hans Boeckler Foundation macroeconomic institute suggests a <a href="https://www.reuters.com/markets/europe/trump-presidency-could-deal-heavy-blow-germanys-flagging-economy-2024-10-24/">1% GDP erosion by 2026 if Trump implemented a 20% tarif</a>f.&nbsp;
<h3 class="wp-block-heading">Germany Is Only G7 Nation Without Growth For Two Years</h3>
Germany remains the only G7 nation that has <a href="https://www.euronews.com/business/2023/07/30/germany-expected-to-be-only-major-economy-not-to-grow-this-year">failed to grow for two years</a> due to higher energy prices, borrowing costs, and a slow rebound in China. Europe&#8217;s largest economy would suffer if its largest trading partner reduced output and imposed tariffs on China.
<figure class="wp-block-image is-resized"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfbVgaykBooXaV2_V2tFat4uPtjSxEtqJGbs1aXsckrchdNTyahnrivFRGcxzAeLoaUgFZv01KIV-g8Yk9HsuFFKgTBaSOSnOMknWvtj2G33RbD160IYtL7hnpn4l8SEaHdqM7rlcRtquZTqdr_AIIQEqM4qaXq4XQsubxXGLI35Dt86aCL_ds?key=heoBp3pffbhAPsc75vkVjtPK" alt="" style="width:624px" /></figure>
German Exports to China, 2020-2024, Source: <a href="https://www.ceicdata.com/en/germany/trade-statistics-by-country/exports-china">CEIC</a>
&#8220;Germany isn&#8217;t going to be bailed out by a restoration of growth in China," Jacob Funk Kirkegaard, senior fellow at Bruegel and the Peterson Institute for International Economics, told Reuters.
An Ifo study found that German exports to China and the US could fall by 9.6% and 14.9% in a full-scale trade war scenario in which the US imposes a 60% tariff on Chinese goods. Pharmaceutical and car exports would be hit the hardest, down 35% and 32%, the Ifo said.
Trump's tariffs would substantially trim European exports to the US, possibly creating a cycle of retaliation.
<h3 class="wp-block-heading">Swift Retaliatory Action From Europe</h3>
Nigel Green, CEO of deVere Group, believes that Trump's presidency would initiate a new trade war with Europe but sounded the alarm of swift retaliation.&nbsp;
"The market is <a href="https://www.financialmirror.com/2024/10/29/trump-trade-war-with-europe-would-hurt-us-stocks/">underestimating the risk of swift European retaliation</a> and the pressure this could place on key American stocks," he said.
Retaliatory measures could hit US earnings in the S&amp;P 500 by 1.5% next year. However, European stocks exposed to US tariffs could plunge as much as 7%, according to Barclays.&nbsp;
&#8220;In the event of a full-blown trade war, we could see up to a high single-digit drag on EPS growth with Germany," Barclays' head of European equity strategy, Emmanuel Cau, said. However, Goldman Sachs believes that a 1% GDP loss, if transported, would erase EPS growth for 2025.
Certain European sectors could still gain from a Trump presidency.&nbsp;
<h3 class="wp-block-heading">Defense Will Benefit From Trump Presidency&nbsp;</h3>
In addition to the energy sector, defense companies could see increased demand from European nations under a Trump Presidency. He is likely to push them to increase their NATO defense spending.&nbsp;
Earlier in 2024, <a href="https://www.theguardian.com/world/2024/feb/14/nato-chief-rebukes-donald-trump-and-announces-record-defence-spending">he threatened to "not protect"</a> any alliance members that failed to ramp up their defense spending to the 2% GDP target.&nbsp;
Following the warning, NATO claimed that more than 18 members would <a href="https://www.euractiv.com/section/defence-and-security/news/nato-says-18-members-will-reach-2-spending-target-this-year/">surpass the 2% target </a>this year. The number of allies meeting or exceeding the target soared to 23 this year, prompting <a href="https://breakingdefense.com/2024/10/trump-wants-nato-to-hit-3-percent-gdp-on-defense-the-us-could-fall-short/">Trump to raise the bar to 3% of GDP</a>.&nbsp;
<figure class="wp-block-image is-resized"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXeZHW4VZpdEt-DWO4ekjR7UlrTXpLl0U3oYjPArwQ23JgwiOyv-MQt9EkTOATSvEu0hHQ9HLnkkQbdG2dmLCJQVZm42BqZNmLcIE_HEdaNGpHnBJJuZWpF2fF_xp61i66oBsWk44hSOdsCcbrEs91RBX3N4R3C_fDi1DQetJh3FM3SV4dgExw?key=heoBp3pffbhAPsc75vkVjtPK" alt="" style="width:624px" /></figure>
NATO members&#8217; defense expenditure as a share of GDP, 2024e, Source: <a href="https://www.nato.int/nato_static_fl2014/assets/pdf/2024/6/pdf/240617-def-exp-2024-en.pdf">NATO</a>
After taking office, Mark Rutte, the new Secretary General of NATO, said, &#8220;thanks to Trump&#8221; NATO increased defense spending. In Europe, <a href="https://www.aljazeera.com/news/2024/7/11/how-much-does-each-nato-country-spend-in-2024">Poland doubled the defense spending target</a> at 4.12% and Estonia by 3.43%, followed by Latvia and Greece.
<h3 class="wp-block-heading">European Stocks For Trump Presidency</h3>
Poland, Estonia, Latvia, and Greece have been increasing their defense spending and primarily source military equipment from a combination of US and European defense contractors.&nbsp;
<a href="https://www.nationaldefensemagazine.org/articles/2024/9/24/politics-of-war-color-polands-record-defense-spending#:~:text=Poland's%20recent%20procurement%20deals%20with,loan%20agreement%20announced%20in%20July.">Poland agreed to buy 32 F-35 jets, Apache helicopters and Abrams tanks</a> made by American companies Lockheed Martin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>)  and Boeing (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) and <a href="https://www.defensenews.com/global/europe/2024/03/05/saab-wins-polish-mega-order-for-carl-gustaf-recoilless-rifles/">signed a contract with Saab </a>(OTC:<a class="ticker" href="https://www.benzinga.com/stock/SAABF#OTC">SAABF</a>) earlier in the year to supply ammunition, training equipment, and recoilless rifles. It also awaits delivery of Raytehon's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) LTAMDS radars for its Patriot systems. 
Estonia has<a href="https://www.defensenews.com/global/europe/2023/06/13/estonias-global-arms-buying-spree-seeks-drastic-combat-gains/"> existing ties</a> with Germany&#8217;s Rheinmetall (OTC:<a class="ticker" href="https://www.benzinga.com/stock/RNMBY#OTC">RNMBY</a>), <a href="https://eng.lsm.lv/article/society/defense/04.07.2024-latvia-currently-in-natos-top-four-on-defense-spending.a560311/">Latvia with LMT</a> and <a href="https://www.airforce-technology.com/news/greece-orders-additional-rafale-jets/">Greece with French manufacturer</a> Dassault Aviation (OTC:<a class="ticker" href="https://www.benzinga.com/stock/DUAVF#OTC">DUAVF</a>), along with LMT, <a href="https://www.naval-technology.com/news/us-approves-sale-of-mmsc-ships-greece/?cf-view">BAE Systems </a>(OTC:<a class="ticker" href="https://www.benzinga.com/stock/BAESY#OTC">BAESY</a>)<a href="https://www.naval-technology.com/news/us-approves-sale-of-mmsc-ships-greece/?cf-view"> and repair leader VSE </a>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VSEC#NASDAQ">VSEC</a>).
Disclaimer:
Any opinions expressed in this article are not to be considered investment advice and are solely those of the authors. European Capital Insights is not responsible for any financial decisions made based on the contents of this article. Readers may use this article for information and educational purposes only.
This article is from an unpaid external contributor. It does not represent Benzinga&#8217;s reporting and has not been edited for content&nbsp;or&nbsp;accuracy.

Market Summary

Eurozone

BAESY

DUAVF

RNMBY

SAABF

VSEC

Trump Presidency Raises Concerns About European Recession

DARPA Selects RTX's BBN Technologies To Develop ARC Tool For Enhanced Cyber Resilience, Compartmentalizing Software To Prevent Cyberattack Escalation

Invesco has unveiled a new series of thematic exchange-traded funds (ETFs) that focus on artificial intelligence, cybersecurity, and defense sectors. These funds aim to leverage emerging trends within these industries.
What Happened: The newly introduced ETFs, named Invesco Artificial Intelligence Enablers, Cybersecurity, and Defence Innovation Ucits, are based on benchmarks crafted by Kensho, a division of S&amp;P Global Indices. Kensho utilizes natural language processing to pinpoint companies with significant involvement in each theme, categorizing them into &#8220;core&#8221; and &#8220;non-core&#8221; groups, Financial Times<a href="https://www.ft.com/content/476d3e81-cbd2-4484-8fb5-4a074dcaa97c"> reported</a> on Thursday.
As per Invesco, core companies generate a substantial portion of their revenue from products and services aligned with these themes, while non-core companies provide essential inputs without focusing on end products. The AI enablers strategy targets firms advancing AI technology and infrastructure, whereas the cybersecurity ETF invests in companies protecting enterprises from unauthorized electronic access. The defense fund provides exposure to companies developing advanced weapons and defensive systems
Here are a few ETFs and how they fared in the past year, as per <a href="https://pro.benzinga.com">Benzinga Pro</a>:
Artificial Intelligence
<ul>
<li>iShares U.S. Technology ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ITW#NYSE">ITW</a>) increased 45.40% over the year with holdings like Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) and Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>).</li>
<li>Fidelity MSCI Information Technology Index ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FTEC#NYSE">FTEC</a>), with similar exposure, rose 43.17%.</li>
<li>First Trust Dow Jones Internet Index Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FTX#NYSE">FTX</a>), which gives exposure to Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Netflix, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>), increased 45.59%.</li>
</ul>
Cybersecurity
<ul>
<li>First Trust NASDAQ Cybersecurity ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CIBR#NASDAQ">CIBR</a>) increased 38.08%. Its holdings include Cisco Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>), CrowdStrike Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>) and Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>).</li>
<li>Amplify Cybersecurity ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HACK#NYSE">HACK</a>) rose 39.57%. Along with Broadcom, and Cisco, the ETF&#8217;s major holdings also include Palo Alto Networks, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>), and General Dynamics Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GD#NYSE">GD</a>).</li>
<li>iShares Cybersecurity &amp; Tech ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IHAK#NYSE">IHAK</a>) with exposure to companies such as SentinelOne, Inc. Class A (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/S#NYSE">S</a>), and Fortinet, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTNT#NASDAQ">FTNT</a>), rose 33.95%.</li>
</ul>
Defense
<ul>
<li>iShares US Aerospace &amp; Defense ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ITA#BATS">ITA</a>) with exposure to companies such as General Electric (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>) and RTX Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) increased 33.86%.</li>
<li>Invesco Aerospace &amp; Defense ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPA#NYSE">PPA</a>) with exposure to companies such as Boeing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) and Lockheed Martin Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) increased by 43.05%.</li>
<li>SPDR S&amp;P Aerospace &amp; Defense ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XAR#NYSE">XAR</a>) was up by 34.86%. It gives exposure to Axon Enterprise, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AXN#NASDAQ">AXN</a>), L3Harris Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LHX#NYSE">LHX</a>).</li>
</ul>
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41794596/bitcoin-ethereum-dogecoin-slingshot-to-the-moon-after-trump-victory-but-sharp-correction-m?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Bitcoin, Ethereum, Dogecoin Slingshot To The Moon After Trump Victory But &#8216;Sharp&#8217; Correction Might Be In Store: Analyst Views BTC Between $80-90K By End Of Year</a>
Why It Matters: The launch of these ETFs by Invesco comes at a time when thematic investing is<a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41713236/donald-trumps-return-to-white-house-could-propel-these-etfs-to-new-highs"> gaining traction among investors</a> looking to capitalize on specific industry trends. The focus on artificial intelligence, cybersecurity, and defense aligns with growing global interest in these areas, driven by technological advancements and increasing security concerns.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/11/41734887/cathie-woods-latest-shake-up-dumps-palantir-and-jack-dorseys-block-along-with-tesla-buys-amazon-?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Cathie Wood&#8217;s Latest Shake-up: Dumps Palantir And Jack Dorsey&#8217;s Block Along With Tesla, Buys Amazon And Meta</a></li>
</ul>
Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.
Image via Invesco

New ETFs

AAPL

AVGO

CIBR

CRWD

CSCO

FTEC

FTNT

HACK

IHAK

NFLX

PANW

Invesco Launches New ETFs Targeting AI, Cybersecurity, And Defense. Here's How Some Of Their Peers Have Performed In The Past Year

RTX's Pratt & Whitney To Showcase Hydrogen-Fueled Turboprop Technology With PW127XT Engine In Canada's INSAT Program, Partnering With Next Hydrogen For Infrastructure Development

Election Day is here. A win for Republican Donald Trump or Democrat Kamala Harris could <a href="https://www.benzinga.com/general/politics/24/11/41750069/80-million-votes-cast-in-early-voting-mail-in-voting-before-election-day-over-50-of-2020-electio">move different market sectors</a>. 
Here is a list of stocks to watch as the country <a href="https://www.benzinga.com/markets/equities/24/11/41724383/wall-street-struggles-ahead-of-election-day-energy-sector-outperforms-solar-stocks-rise-whats-dr">waits for the final tally.</a> 
Trump Media &amp; Technology Group Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>) shares are climbing on heavy trading volume on the final day of voting. The stock soared 270% from its September lows as investors speculate on a potential Trump victory. Matthew Tuttle, CEO of investment fund Tuttle Capital Management, has <a href="https://www.benzinga.com/news/24/10/41608242/trump-media-technology-stock-soars-after-msg-rally-will-the-gains-hold">called the stock</a> "a binary bet on the election." However, some analysts <a href="https://www.benzinga.com/general/politics/24/10/41630878/djt-short-squeeze-could-push-stock-to-60-if-trump-wins-but-analysis-says-loss-could-make-shares-">​​suggest</a> the stock could plummet if <a href="https://www.benzinga.com/general/politics/24/09/40783924/trump-vs-harris-election-forecaster-with-9-out-of-10-accurate-predictions-makes-final-call-says-">Trump loses the election</a>. 
Read More: <a href="https://www.benzinga.com/general/politics/24/10/41630878/djt-short-squeeze-could-push-stock-to-60-if-trump-wins-but-analysis-says-loss-could-make-shares-">DJT Short Squeeze Could Push Stock To $60 If Trump Wins, But Analysis Says Loss Could Make Shares &#8216;Worthless&#8217;</a>
XOM, FSLR: Investors are watching Exxon Mobil Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>) stock as traditional energy companies <a href="https://www.benzinga.com/markets/equities/24/11/41724383/wall-street-struggles-ahead-of-election-day-energy-sector-outperforms-solar-stocks-rise-whats-dr">could gain </a>from favorable oil and gas policies under a Trump administration. It&#8217;s worth noting that the <a href="https://www.benzinga.com/government/23/10/35240230/us-is-producing-more-oil-under-biden-than-at-any-point-under-the-trump-administration">U.S. produced more oil</a> under the Biden administration than at any point under the Trump administration. Conversely, solar energy companies like First Solar, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) are on watch as they could benefit from Harris' support of renewable energy policies and climate initiatives. 
RTX: Wall Street analysts are generally bullish on defense stocks in the event of a Trump victory putting shares of RTX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) under watch as the polls close.  RTX, formerly Raytheon Technologies, is one of the &#8220;Big Five&#8221; defense contractors which are likely to benefit from increased <a href="https://www.benzinga.com/news/24/10/41332235/why-raytheon-parent-rtx-stock-is-up">defense spending</a>. General Dynamics Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GD#NYSE">GD</a>) and Palantir Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) are other defense contractors stocks to watch. 
LEN: Homebuilders' stocks such as Lennar Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEN#NYSE">LEN</a>) could gain from Harris&#8217; plans to promote homeownership if elected. One Harris proposal includes providing up to $25,000 in down payment assistance for first-time homebuyers who have paid their rent on time for two years. Other home builders to watch include D.R. Horton, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHI#NYSE">DHI</a>) and KB Home (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KBH#NYSE">KBH</a>). 
Read Also:&nbsp;
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<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41690154/shock-october-jobs-report-leaves-fed-in-tight-spot-experts-say-interest-rate-cuts-a">Shock October Jobs Report Leaves Fed In &#8216;Tight Spot:&#8217; Experts Say Interest Rate Cuts Ahead</a></li>
</ul>
Image: Shutterstock

5 Stocks To Watch On Election Day: Trump Media, Exxon, First Solar, RTX, Lennar

All eyes are focused on the upcoming U.S. presidential election, with several indicators suggesting a tight race between Vice President Kamala Harris and former President Donald J. Trump. However, a<a href="https://www.benzinga.com/news/24/11/41702887/harris-takes-lead-in-red-state-iowa-in-shock-poll"> shocking poll</a> result in Iowa may have significant implications for the race and thus for the broader geopolitical paradigm.
According to pollster Ann Selzer of the Des Moines Register, Harris leads Trump 47% to 44% among likely voters. As Benzinga staff writer Bibhu Pattnaik mentioned, the significance is that "Trump held a four-point lead in the same poll in September – and led President Joe Biden by 18 points before Biden quit the race."
To be fair, another Iowa poll conducted by Emerson College Polling/RealClearDefense showed that Trump is leading Harris by 10 percentage points. Therefore, the Trump campaign dismissed the Des Moines Register/Mediacom survey as an "outlier poll."
Nevertheless, Selzer commands a<a href="https://www.newsweek.com/who-ann-selzer-iowa-poll-kamala-harris-1979294"> strong</a> reputation, having made controversial calls that later turned out to be correct. These calls included correctly predicting Trump's win in Iowa in 2016 and 2020. If the pollster turns out to be correct once more, investors may want to turn their attention to the geopolitical realm.
Harris has maintained the Biden administration's strong support of Ukraine in its efforts to expel Russia's invasion. At the same time, the vice president has<a href="https://www.benzinga.com/news/24/09/40811624/kamala-harris-slams-donald-trump-over-friendship-with-russian-president-a-dictator-who-would-eat-you"> also blasted Trump</a> for his "friendship" with Russian president Vladimir Putin. Should Harris win on Tuesday, it's probable that every effort would be made to provide lethal aid to Ukraine. Cynically, this push would likely bolster the defense industry.
The DFEN ETF: Investors willing to speculate on an electoral victory for the Democrats may consider the Direxion Daily Aerospace &amp; Defense Bull 3X Shares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DFEN#NYSE">DFEN</a>). A highly leveraged exchange-traded fund, DFEN seeks the daily investment results of 300% of the performance of the Dow Jones U.S. Select Aerospace &amp; Defense Index.
Under the DFEN fund are leading defense contractors, such as RTX Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) and Lockheed Martin Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>). However, the ETF also includes companies that are tied to civilian aerospace infrastructure, particularly General Electric Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>) — which conducts business under GE Aerospace — and Boeing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>).
However, it should be noted that leveraged ETFs are incredibly risky. Further, investors should not hold a position for longer than one day. Otherwise, the daily compounding of volatility could lead to value erosion over time.
The DFEN Chart: Although DFEN predictably encountered significant choppiness, the overall picture has been bullish, with the fund gaining 34% on a year-to-date basis.
<ul>
<li>The defense-focused ETF saw a noticeable pop higher on Monday off the back of the aforementioned Iowa poll.</li>
<li>It's also interesting to note that DFEN began showing signs of life after President Joe Biden dropped out of the race, allowing Harris to shine.</li>
<li>Nevertheless, investors should watch the broadening wedge formation that has developed since July, which may have bearish implications.</li>
</ul>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfrKHJD6Fu8oL9or0F5h4uECVdYzZJk1qWF9WUBxWePDex7pku9b_M4gC-QtiKbh_ZpvORnkJQxGadiKg2UFam3BzVbMHlsXX5oNdKV2OWVn9eeqpjAk_3mvpKGJTHucoz1ikj-rxo6iUo7tuMFxEC_kZc?key=8eSb-ke5LINFd69vDC9NyN6A" alt="" /></figure>
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This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice.

DFEN

Heightened Tensions Amid Election Drama Could Bolster Direxion's DFEN Fund

Next Level Aviation&#xAE; to continue to support Pratt &amp; Whitney CSA through consignment of used serviceable engine accessories for an additional three years
DANIA BEACH, Fla., Oct. 29, 2024 /PRNewswire/ -- <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4287174-1&amp;h=54195051&amp;u=https%3A%2F%2Furl.avanan.click%2Fv2%2F___https%3A%2Fnextlevelaviation.net%2F___.YXAzOmFlcm9zcGFjZW1hcmtldGluZzphOm86M2I0NzE4YjAyYThiNWNkZWM1ZjIzZjY4M2ZmMzZjNGE6NjozMjBlOjU4MGY3YWEwNWE4Y2I5OTNmNWY2ZTFjYWVkMWMwYjY0NDdhNWZmYjNlMzNiOWE2ZjBlZWE5OTkxZDdjMGQ2Njk6cDpGOk4&amp;a=Next+Level+Aviation%C2%AE+(NLA)">Next Level Aviation&#xAE; (NLA)</a>, a leader in the global distribution of used serviceable materials (USM), has extended an agreement with Pratt &amp; Whitney Commercial Serviceable Assets (CSA), regarding the sale of used serviceable material (USM) for aircraft engines for an additional three years. This further enhances Next Level Aviation's leadership position as a global distributor of USM, primarily supporting Boeing and Airbus aircraft platforms and associated jet engines. Pratt &amp; Whitney is an RTX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) business.

Next Level Aviation Extends An Agreement With Pratt & Whitney Commercial Serviceable Assets, Regarding The Sale Of Used Serviceable Material For Aircraft Engines For An Additional 3-Years

Air Force and Navy successfully test radar against stressing targets
NAVAL BASE VENTURA COUNTY POINT MUGU, Calif., Oct. 29, 2024 /PRNewswire/ -- Raytheon, an&nbsp;RTX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) business, in partnership with the Office of the Secretary of Defense (OSD), the U.S. Air Force Research Laboratory Strategic Development Planning and Experimentation office, and the U.S. Navy, demonstrated the multi-mission GhostEye&#xAE; MR advanced medium-range sensor during a joint test event called Gray Flag 2024. GhostEye MR tracked targets over water, showcasing the sensor's readiness to deter current and future threats.

RTX's Raytheon Continues To Demonstrate GhostEye MR Operational Readiness During U.S. Military Test Event

Barclays analyst David Strauss maintains RTX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) with a Equal-Weight and raises the price target from $108 to $130.

Price Target

Analyst Ratings

Barclays Maintains Equal-Weight on RTX, Raises Price Target to $130

Collins Aerospace Develops High-Voltage Power Systems To Power Hybrid-Electric Flight In EU Clean Aviation Project

Shares of Lockheed Martin ($LMT) and other defense contractors are rising on news that Taiwan is considering buying a large cache of U.S. weapons t...

Lockheed Martin (LMT) Stock Rises on Reports of Taiwan Defense Purchase

Dodge & Cox Stock Fund Q3 2024 Shareholder Letter

Dodge & Cox Global Stock Fund Q3 2024 Shareholder Letter

Tracking Ken Fisher's Fisher Asset Management Portfolio - Q3 2024 Update

Shelton Equity Income Strategy Q3 2024 Commentary

As military budgets rise and emerging technologies reshape defense strategies, the aerospace and defense industry presents exciting investment opportunities. With trends like cybersecurity, AI-driven autonomous systems, and space exploration gaining momentum, stocks like RTX Corporation (RTX), Lockheed Martin (LMT), and General Dynamics (GD) are positioned to benefit. Read further... As global military budgets expand due to rising security demands and advancements in technology, top defense stocks RTX Corporation (<a href="https://stocknews.com/stock/RTX/">RTX</a>), Lockheed Martin (<a href="https://stocknews.com/stock/LMT/">LMT</a>), and General Dynamics (<a href="https://stocknews.com/stock/GD/">GD</a>) stand out as beneficiaries of this growth. These companies are well-positioned to capitalize on the sector's upward momentum, making them compelling picks for investors seeking exposure to defense industry gains.
In 2023, the global aerospace and defense industry achieved a record-high revenue of <a href="https://www.statista.com/statistics/1471842/global-leading-aerospace-and-defense-industry-revenue/#:~:text=visit%20our%20website.-,Business%20Solutions,2019%20to%202023">$829 billion</a>, an 11% increase from the previous year, signaling a robust growth trajectory. The United States remains the dominant force in military spending, dedicating <a href="https://www.statista.com/statistics/262742/countries-with-the-highest-military-spending/">$916 billion</a> to defense, more than 40% of global military expenditure.
Cybersecurity and cyber warfare, AI-driven autonomous systems, the growing space domain, advanced manufacturing, and electromagnetic spectrum warfare are pivotal forces reshaping the future of defense. These advancements are driving demand for next-generation solutions and creating substantial investment opportunities for companies leading these technological transformations. As a result, the aerospace and defense industry is experiencing strong growth, with the market projected to reach <a href="https://www.thebusinessresearchcompany.com/report/defense-global-market-report">$616.32 billion in 2024</a>.
Considering these conducive trends, let's examine the <a href="https://stocknews.com/category/air-defense/">Air/Defense Services</a> stocks in detail.
#Stock 3: General Dynamics Corporation (<a href="https://stocknews.com/stock/GD/">GD</a>)
GD is a global aerospace and defense company with four segments: Aerospace (business jets and maintenance), Marine Systems (naval shipbuilding and support), Combat Systems (land combat vehicles and munitions), and Technologies (IT and mission support for military and federal clients).
On September 13, 2024, GD NASSCO announced a U.S. Navy contract to build up to eight more John Lewis-class oilers, starting with a $780 million award for the tenth ship. The full contract could exceed $6.7 billion.
It pays an annual dividend of $5.68, which translates to a dividend yield of 1.8% at the prevailing price levels.
During the fiscal third quarter that ended September 29, 2024, GD's revenue increased 10.4% year-over-year to $11.67 billion. Its operating earnings grew 11.7% from the year-ago value to $1.18 billion. In addition, the company's net earnings and EPS came in at $0.93 billion and $3.35, up 11.2% and 10.2% over the prior-year quarter, respectively.
Analysts expect GD's EPS and revenue for the quarter ending December 31, 2024, to increase 22% and 15.6% year-over-year to $4.44 and $13.49 billion, respectively. It surpassed the Street revenue estimates in three of the trailing four quarters, which is impressive.
Over the past year, the stock has gained 26.5% to close the last trading session at $312.05. It soared 20.2% year-to-date.
GD's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect its robust outlook. The stock has an overall rating of B, equating to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 distinct factors, with each factor weighted to an optimal degree.
GD has a B grade in Momentum and Stability. It is ranked #18 out of 72 stocks in the <a href="https://stocknews.com/category/air-defense/">Air/Defense Services</a> industry.
Beyond what we have stated above, we have also given GD grades for Growth, Value, Sentiment, and Quality. Get all the GD's ratings <a href="https://stocknews.com/stock/GD/ratings/">here</a>.
#Stock 2: RTX Corporation (<a href="https://stocknews.com/stock/RTX/">RTX</a>)
RTX provides aerospace and defense systems for commercial airlines, military, and government clients, specializing in aircraft engines, defense solutions, and aerospace products through its Collins Aerospace, Pratt &amp; Whitney, and Raytheon segments.
On November 12, 2024, Collins Aerospace, an RTX business, received a $19 million U.S. Department of Defense contract to equip UK Chinooks with a common avionics system, enhancing interoperability with U.S. forces and enabling seamless collaboration, reducing crew workload, and improving safety in joint operations.
On November 7, Pratt &amp; Whitney, an RTX business, and Air New Zealand began a $150 million expansion of the Christchurch Engine Centre to boost MRO capabilities for the GTF engine, targeting up to 140 overhauls annually by 2032.
It pays an annual dividend of $2.52, which translates to a dividend yield of 2% at the prevailing price levels.
In the fiscal third quarter ended September 30, 2024, RTX's sales increased 49.2% year-over-year to $20.09 billion. Moreover, adjusted net income attributable to common shareholders and adjusted EPS stood at $1.95 billion and $1.45, respectively, representing increases of 6.9% and 16% over the prior-year quarter.
Street expects RTX's revenue and EPS for the quarter ending December 31, 2024, to increase 3.4% and 6.7% year-over-year to $20.60 billion and $1.38, respectively. It surpassed the consensus EPS and revenue estimates of the trailing four quarters.
The stock climbed 46.6% year-to-date and has returned 50.4% over the past year to close the last trading session at $123.37.
RTX's POWR Ratings reflect strong prospects. The stock has an overall rating of B, translating to a Buy in our proprietary rating system.
It has a B for Growth, Momentum, and Sentiment. It is ranked #6 in the same industry.
To access RTX's Value, Stability, and Quality ratings, click <a href="https://stocknews.com/stock/RTX/ratings/">here</a>.
#Stock 1: Lockheed Martin Corporation (<a href="https://stocknews.com/stock/LMT/">LMT</a>)
LMT is a global leader in aerospace and defense, offering advanced aircraft, missile defense systems, combat solutions, and space technologies primarily to the U.S. government and allied militaries.
On November 7, 2024, LMT, in partnership with the U.S. Navy and General Atomics, conducted the first live control flight demonstration of an uncrewed system using the Unmanned Carrier Aviation Mission Control Station (UMCS).
It pays an annual dividend of $13.20, which translates to a dividend yield of 2.3% at the prevailing price levels.
During the fiscal third quarter that ended September 29, 2024, LMT's <a href="https://www.investopedia.com/terms/n/netsales.asp">net sales</a> increased 1.3% year-over-year to $17.10 billion. Its operating income grew 4.8% from the year-ago value to $2.14 billion. In addition, the company's net earnings came in at $1.62 billion, and EPS amounted to $6.80, up 1% over the prior-year quarter.
Street expects LMT's revenue for the fiscal year ending December to increase 5.4% year-over-year to $71.24 billion. Its EPS for the same year is likely to be $26.69. In addition, it surpassed the consensus EPS estimates in each of the trailing four quarters.
Shares of LMT have gained 27.2% over the past year and 24.9% year-to-date to close the last trading session at $565.96.
LMT's bright prospects are apparent in its POWR Ratings. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
It has a B grade for Momentum, Stability, and Quality. Within the same industry, it is ranked #4.
Click <a href="https://stocknews.com/stock/LMT/ratings/">here</a> to see LMT's ratings for Growth, Value, and Sentiment.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
RTX shares fell $0.01 (-0.01%) in premarket trading Wednesday. Year-to-date, RTX has gained 49.27%, versus a 26.77% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Kritika Sarmah</h2> <img src='https:/wp-content/uploads/2022/08/Kritika-Sarmah_Image-3.jpg' style="float:left; padding:5px;width:125px;">Her interest in risky instruments and passion for writing made Kritika an analyst and financial journalist. She earned her bachelor's degree in commerce and is currently pursuing the CFA program. With her fundamental approach, she aims to help investors identify untapped investment opportunities.<a href="https://stocknews.com/authors/?author=kritika-sarmah">More...</a>The post <a href=https://stocknews.com/news/rtx-lmt-gd-3-defense-stocks-benefiting-from-increased-military-budgets/>3 Defense Stocks Benefiting from Increased Military Budgets</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Defense Stocks Benefiting from Increased Military Budgets

Raytheon is in full focus today after receiving a new power beaming contract from the U.S. Army. A division of RTX Corporation ($RTX), this well-kn...

RTX (NYSE:RTX) Stock Alert: Raytheon Receives New Contract From U.S. Army

As military budgets rise and emerging technologies reshape defense strategies, the aerospace and defense industry presents exciting investment opportunities. With trends like cybersecurity, AI-driven autonomous systems, and space exploration gaining momentum, stocks like RTX Corporation (RTX), Lockheed Martin (LMT), and General Dynamics (GD) are positioned to benefit. Read further... As global military budgets expand due to rising security demands and advancements in technology, top defense stocks RTX Corporation (<a href="https://stocknews.com/stock/RTX/">RTX</a>), Lockheed Martin (<a href="https://stocknews.com/stock/LMT/">LMT</a>), and General Dynamics (<a href="https://stocknews.com/stock/GD/">GD</a>) stand out as beneficiaries of this growth. These companies are well-positioned to capitalize on the sector's upward momentum, making them compelling picks for investors seeking exposure to defense industry gains.
In 2023, the global aerospace and defense industry achieved a record-high revenue of <a href="https://www.statista.com/statistics/1471842/global-leading-aerospace-and-defense-industry-revenue/#:~:text=visit%20our%20website.-,Business%20Solutions,2019%20to%202023">$829 billion</a>, an 11% increase from the previous year, signaling a robust growth trajectory. The United States remains the dominant force in military spending, dedicating <a href="https://www.statista.com/statistics/262742/countries-with-the-highest-military-spending/">$916 billion</a> to defense, more than 40% of global military expenditure.
Cybersecurity and cyber warfare, AI-driven autonomous systems, the growing space domain, advanced manufacturing, and electromagnetic spectrum warfare are pivotal forces reshaping the future of defense. These advancements are driving demand for next-generation solutions and creating substantial investment opportunities for companies leading these technological transformations. As a result, the aerospace and defense industry is experiencing strong growth, with the market projected to reach <a href="https://www.thebusinessresearchcompany.com/report/defense-global-market-report">$616.32 billion in 2024</a>.
Considering these conducive trends, let's examine the <a href="https://stocknews.com/category/air-defense/">Air/Defense Services</a> stocks in detail.
Stock #3: General Dynamics Corporation (<a href="https://stocknews.com/stock/GD/">GD</a>)
GD is a global aerospace and defense company with four segments: Aerospace (business jets and maintenance), Marine Systems (naval shipbuilding and support), Combat Systems (land combat vehicles and munitions), and Technologies (IT and mission support for military and federal clients).
On September 13, 2024, GD NASSCO announced a U.S. Navy contract to build up to eight more John Lewis-class oilers, starting with a $780 million award for the tenth ship. The full contract could exceed $6.7 billion.
It pays an annual dividend of $5.68, which translates to a dividend yield of 1.8% at the prevailing price levels.
During the fiscal third quarter that ended September 29, 2024, GD's revenue increased 10.4% year-over-year to $11.67 billion. Its operating earnings grew 11.7% from the year-ago value to $1.18 billion. In addition, the company's net earnings and EPS came in at $0.93 billion and $3.35, up 11.2% and 10.2% over the prior-year quarter, respectively.
Analysts expect GD's EPS and revenue for the quarter ending December 31, 2024, to increase 22% and 15.6% year-over-year to $4.44 and $13.49 billion, respectively. It surpassed the Street revenue estimates in three of the trailing four quarters, which is impressive.
Over the past year, the stock has gained 26.5% to close the last trading session at $312.05. It soared 20.2% year-to-date.
GD's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect its robust outlook. The stock has an overall rating of B, equating to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 distinct factors, with each factor weighted to an optimal degree.
GD has a B grade in Momentum and Stability. It is ranked #18 out of 72 stocks in the <a href="https://stocknews.com/category/air-defense/">Air/Defense Services</a> industry.
Beyond what we have stated above, we have also given GD grades for Growth, Value, Sentiment, and Quality. Get all the GD's ratings <a href="https://stocknews.com/stock/GD/ratings/">here</a>.
Stock #2: RTX Corporation (<a href="https://stocknews.com/stock/RTX/">RTX</a>)
RTX provides aerospace and defense systems for commercial airlines, military, and government clients, specializing in aircraft engines, defense solutions, and aerospace products through its Collins Aerospace, Pratt &amp; Whitney, and Raytheon segments.
On November 12, 2024, Collins Aerospace, an RTX business, received a $19 million U.S. Department of Defense contract to equip UK Chinooks with a common avionics system, enhancing interoperability with U.S. forces and enabling seamless collaboration, reducing crew workload, and improving safety in joint operations.
On November 7, Pratt &amp; Whitney, an RTX business, and Air New Zealand began a $150 million expansion of the Christchurch Engine Centre to boost MRO capabilities for the GTF engine, targeting up to 140 overhauls annually by 2032.
It pays an annual dividend of $2.52, which translates to a dividend yield of 2% at the prevailing price levels.
In the fiscal third quarter ended September 30, 2024, RTX's sales increased 49.2% year-over-year to $20.09 billion. Moreover, adjusted net income attributable to common shareholders and adjusted EPS stood at $1.95 billion and $1.45, respectively, representing increases of 6.9% and 16% over the prior-year quarter.
Street expects RTX's revenue and EPS for the quarter ending December 31, 2024, to increase 3.4% and 6.7% year-over-year to $20.60 billion and $1.38, respectively. It surpassed the consensus EPS and revenue estimates of the trailing four quarters.
The stock climbed 46.6% year-to-date and has returned 50.4% over the past year to close the last trading session at $123.37.
RTX's POWR Ratings reflect strong prospects. The stock has an overall rating of B, translating to a Buy in our proprietary rating system.
It has a B for Growth, Momentum, and Sentiment. It is ranked #6 in the same industry.
To access RTX's Value, Stability, and Quality ratings, click <a href="https://stocknews.com/stock/RTX/ratings/">here</a>.
Stock #1: Lockheed Martin Corporation (<a href="https://stocknews.com/stock/LMT/">LMT</a>)
LMT is a global leader in aerospace and defense, offering advanced aircraft, missile defense systems, combat solutions, and space technologies primarily to the U.S. government and allied militaries.
On November 7, 2024, LMT, in partnership with the U.S. Navy and General Atomics, conducted the first live control flight demonstration of an uncrewed system using the Unmanned Carrier Aviation Mission Control Station (UMCS).
It pays an annual dividend of $13.20, which translates to a dividend yield of 2.3% at the prevailing price levels.
During the fiscal third quarter that ended September 29, 2024, LMT's <a href="https://www.investopedia.com/terms/n/netsales.asp">net sales</a> increased 1.3% year-over-year to $17.10 billion. Its operating income grew 4.8% from the year-ago value to $2.14 billion. In addition, the company's net earnings came in at $1.62 billion, and EPS amounted to $6.80, up 1% over the prior-year quarter.
Street expects LMT's revenue for the fiscal year ending December to increase 5.4% year-over-year to $71.24 billion. Its EPS for the same year is likely to be $26.69. In addition, it surpassed the consensus EPS estimates in each of the trailing four quarters.
Shares of LMT have gained 27.2% over the past year and 24.9% year-to-date to close the last trading session at $565.96.
LMT's bright prospects are apparent in its POWR Ratings. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
It has a B grade for Momentum, Stability, and Quality. Within the same industry, it is ranked #4.
Click <a href="https://stocknews.com/stock/LMT/ratings/">here</a> to see LMT's ratings for Growth, Value, and Sentiment.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

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RTX shares fell $0.01 (-0.01%) in premarket trading Wednesday. Year-to-date, RTX has gained 49.27%, versus a 26.77% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Kritika Sarmah</h2> <img src='https:/wp-content/uploads/2022/08/Kritika-Sarmah_Image-3.jpg' style="float:left; padding:5px;width:125px;">Her interest in risky instruments and passion for writing made Kritika an analyst and financial journalist. She earned her bachelor's degree in commerce and is currently pursuing the CFA program. With her fundamental approach, she aims to help investors identify untapped investment opportunities.<a href="https://stocknews.com/authors/?author=kritika-sarmah">More...</a>The post <a href=https://stocknews.com/news/rtx-lmt-gd-3-defense-stocks-benefiting-from-increased-military-budgets/>3 Defense Stocks Benefiting from Increased Military Budgets</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

The industrial sector is well-positioned for solid growth and expansion, propelled by technological advancements, the robotics revolution, and diversified demand. Thus, quality industrial automation stocks RTX Corporation (RTX), Siemens Aktiengesellschaft (SIEGY), and Eaton Corporation (ETN) could be ideal buys for the robot revolution. Read on... The industrial market, which encompasses various sub-segments like manufacturing, machinery, and more, is poised for continued expansion, with encouraging factors such as demand for automation, technological innovation, robot revolution, and growing investments in infrastructure.
Given the industry's tailwinds, it could be wise to invest in fundamentally sound industrial automation stocks RTX Corporation (<a href="https://stocknews.com/stock/RTX/">RTX</a>), Siemens Aktiengesellschaft (<a href="https://stocknews.com/stock/SIEGY/">SIEGY</a>), and Eaton Corporation plc (<a href="https://stocknews.com/stock/ETN/">ETN</a>) for substantial returns.
The robotics revolution is leading industrial automation, influenced by groundbreaking innovations in AI, machine learning (ML), the Internet of Things (IoT), collaborative robots, and the significance of autonomous systems. Whether it is machinery, defense, or manufacturing, robotics is marking new milestones and advancing the operations of the fields.
With its expanding scope, the number of innovations in the robotics market is expected to increase further, which will result in an expansion of industrial operations. Robots are increasingly being utilized to improve productivity and minimize labor costs, especially in segments like machinery and manufacturing. The global robotics market is expected to grow to $134.64 billion by 2031 at a <a href="https://www.skyquestt.com/report/robotics-market#:~:text=Robotics%20Market%20Insights,period%20(2024%2D2031).">CAGR of 16.6%</a>.
Further, as technological advancements in the industrial machinery industry are rapidly increasing with IoT, AI, and robotics, supported by increasing demand for automation and modernization of production processes, the market is flourishing. The global industrial machinery market is projected to achieve a market size of $1.04 trillion by 2032, growing at a <a href="https://www.acumenresearchandconsulting.com/industrial-machinery-market">CAGR of 5.3%</a>.
Besides, the Aerospace and Defense market is expected to see strong growth in the coming year, poised to exhibit growth at a <a href="https://www.thebusinessresearchcompany.com/report/aerospace-defense-global-market-report#:~:text=Aerospace%20And%20Defense%20Market%20Size,(CAGR)%20of%2011.5%25.">CAGR of 5.8%</a>, resulting in a market value of $1.23 trillion by 2028, fueled by government support, automation, and advancements, and rising military modernization programs.
Given the industry's solid prospects, investing in fundamentally strong industrial automation stocks RTX, SIEGY, and ETN could be wise.
Let's discuss the fundamentals of these stocks in detail:
RTX Corporation (<a href="https://stocknews.com/stock/RTX/">RTX</a>)
RTX is an aerospace and defense company that provides systems and services for commercial, military, and government customers internationally. The company operates through three segments: Collins Aerospace; Pratt &amp; Whitney; and Raytheon.
On October 23, RTX's business, Raytheon, was awarded $676 million to continue manufacturing the tube-launched, optically-tracked, wireless-guided TOW&#xAE; weapon system for the U.S. Army. The two separate awards consist of an annual production contract for $430 million in fiscal year 2023 and an additional $246 million award in 2024.
On October 15, 2024, RTX's Raytheon attained full-rate production approval for its SM-3 Block IIA missile, marking a key milestone in its missile defense partnership with Japan.
During the third quarter that ended September 30, 2024, RTX's net sales increased 49.2% year-over-year to $20.09 billion. The company's adjusted <a href="https://www.investopedia.com/terms/o/operating_profit.asp">operating profit</a> grew 11.3% from the year-ago value to $2.48 billion. Adjusted net income attributable to common shareowners and adjusted EPS rose 6.9% and 16% from the prior year's quarter to $1.95 billion and $1.45, respectively.
In addition, the company's total assets came in at $164.82 billion as of September 30, 2024, compared to $161.87 billion as of December 31, 2023.
Street expects RTX's revenue for the fourth quarter (ending December 2024) to increase 3.4% year-over-year to $20.60 billion. The company's EPS for the same quarter is expected to grow 6.6% year-over-year to $1.38. Moreover, the company topped the consensus EPS and revenue estimates in all four trailing quarters, which is impressive.
Shares of RTX have surged 17.3% over the past six months and 44.6% over the past year to close the last trading session at $118.75.
RTX's solid fundamentals are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, each weighted to an optimal degree.
RTX has a B grade for Momentum, Sentiment, and Growth. It is ranked #10 out of 72 stocks in the <a href="https://stocknews.com/category/air-defense/">Air/Defense Services</a> industry.
In addition to the POWR Ratings we've stated above, we also have RTX ratings for Value, Quality, and Stability. Get all RTX ratings <a href="https://stocknews.com/stock/RTX/">here</a>.
Siemens Aktiengesellschaft (<a href="https://stocknews.com/stock/SIEGY/">SIEGY</a>)
Headquartered in Munich, Germany, SIEGY is a technology company that emphasizes the areas of automation and digitalization worldwide. The company operates in Digital Industries; Smart Infrastructure; Mobility; Siemens Healthineers; and Siemens Financial Services (SFS) segments.
On October 30, SIEGY signed an agreement to acquire Altair Engineering Inc., a leading provider of software in the industrial simulation and analysis market. The strategic acquisition will strengthen SIEGY's leadership in industrial software and AI and will create the world's most complete AI-powered design and simulation portfolio.
On October 24, SIEGY and Microsoft partnered to revolutionize industrial automation. Through strategic collaboration, the companies reinvented the Siemens Industrial Copilot, enabling it to handle the most demanding environments at scale.
They have combined SIEGY's unique domain know-how across industries with Microsoft Azure OpenAI Service, the Copilot further improves handling of rigorous requirements in manufacturing and automation.
For the third quarter that ended June 30, 2024, SIEGY's revenue grew 4.2% year-over-year to €18.90 billion ($20.48 billion). The company's gross profit rose 9% year-over-year to €7.75 billion ($8.39 billion). Its income from continuing operations came in at €2.16 billion ($2.34 billion), up 55.7% from the prior year's quarter.
In addition, the company's net income and EPS came in at €2.13 billion ($2.31 billion) and €2.48, up 48.1% and 56% from the year-ago value, respectively. Its EBITDA from continuing operations of €3.43 billion ($3.71 billion), indicating growth of 36.3% year-over-year.
Analysts expect SIEGY's revenue and EPS for the first quarter (ending December 2024) to increase 4.1% and 60.9% year-over-year to $20.65 billion and $2.61, respectively. Furthermore, the company has surpassed the consensus EPS estimates in each of the trailing four quarters.
SIEGY's stock has gained 4.8% over the past six months and 47.4% over the past year to close the last trading session at $98.05.
SIEGY's bright prospects are reflected in its POWR Ratings. The stock has an overall rating of B, equating to a Buy in our proprietary rating system.
The stock has a B grade for Stability and Value. SIEGY is ranked #3 among 34 stocks in the B-rated <a href="https://stocknews.com/category/industrial-manufacturing/">Industrial - Manufacturing</a> industry.
<a href="https://stocknews.com/stock/SIEGY/">Click here</a> to access other SIEGY's ratings for Growth, Quality, Sentiment, and Momentum.
Eaton Corporation plc (<a href="https://stocknews.com/stock/ETN/">ETN</a>)
Based in Dublin, Ireland, ETN operates as a power management company globally. The company operates in Electrical Americas and Electrical Global segment; Aerospace segment; Vehicle segment; and eMobility segment.
On October 23, ETN announced that it would be working with Miami-Dade Transportation &amp; Public Works to help it update the electrical system supporting its Metromover mass transit system, which carried more than 6.5 million riders in 2023. The project is part of Miami-Dade County's broader $153 million initiative to expand and upgrade the reliability of its automated train network.
On October 10, ETN collaborated with Lunar Energy to simplify the installation and maximize the functionality of home energy storage and solar systems. The integration of ETN's new AbleEdgeTM smart breakers with the Lunar System will make it easier for installers and homeowners to deploy solar and storage, manage loads, optimize costs, and extend the life of the solar battery system.
In the third quarter that ended September 30, 2024, ETN's total net sales increased 7.9% year-over-year to $6.34 billion, while its total segment operating profit rose 11.4% from the prior year's period to $1.54 billion. Furthermore, the company's adjusted earnings came in at $1.13 billion and $2.84 per share, reflecting increases of 13.9% and 15% year-over-year, respectively.
As per the company's updated guidance, the company expects adjusted EPS between $2.78 and $2.84 for the fourth quarter of 2024.
Also, ETN's adjusted EPS is expected to be between $10.75 and $10.81, up 18% at the midpoint over the previous year for the full year 2024.
Street expects ETN's revenue for the fourth quarter (ending December 2024) to increase 7.1% year-over-year to $6.39 billion. The company's EPS for the ongoing quarter is expected to grow 10.3% year-over-year to $2.81. In addition, the company has surpassed the consensus EPS estimates in all of the trailing four quarters.
Over the past six months, the stock has gained 7.4% and 55.9% over the past year to close the last trading session at $334.06.
ETN's POWR Ratings reflect its promising outlook. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
The stock has a B grade for Quality and Sentiment. Within the A-rated <a href="https://stocknews.com/category/industrial-machinery/">Industrial - Machinery</a> industry, ETN is ranked #29 in the list of 79 stocks.
<a href="https://stocknews.com/stock/ETN/">Click here</a> to access additional ratings of ETN for Growth, Value, Momentum, and Stability.
What To Do Next?
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<hr />
RTX shares were trading at $118.02 per share on Monday afternoon, down $0.73 (-0.61%). Year-to-date, RTX has gained 42.80%, versus a 21.01% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Rjkumari Saxena</h2> <img src='https:/wp-content/uploads/2024/04/Rajkumari-Saxena_Image-1.jpeg' style="float:left; padding:5px;width:125px;">Rajkumari started her career as a writer but gradually shifted her focus to financial journalism, leveraging her educational background in Commerce. Fascinated by the interplay of business and economic shifts in equities, she aspires to evolve as an analyst. With a knack for simplifying complex financial concepts, her mission is to empower investors with insights that lead to profitable decisions.<a href="https://stocknews.com/authors/?author=rajkumari-saxena">More...</a>The post <a href=https://stocknews.com/news/rtx-siegy-etn-3-industrial-automation-stocks-to-buy-for-the-robot-revolution/>3 Industrial Automation Stocks to Buy for the Robot Revolution</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

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Press Releases

RTX's Collins Aerospace completes prototype development of high-voltage power distribution components for Clean Aviation SWITCH project

RTX's Raytheon continues to demonstrate GhostEye® MR operational readiness during U.S. military test event

NEXT LEVEL AVIATION® and PRATT & WHITNEY EXTEND USM CONSIGNMENT AGREEMENT

Deutsche Aircraft and RTX's Pratt & Whitney Canada collaborate to ensure 100% SAF readiness for the D328eco™, building on 40-year relationship and recent D328® Uplift test flights with synthetic fuel

RTX's Pratt & Whitney to demonstrate hydrogen-fueled turboprop technology under Canadian INSAT program

Next Hydrogen to demonstrate electrolyzers for the aviation industry in collaboration with Pratt & Whitney under INSAT program

DARPA taps RTX to strengthen cyber resiliency

RTX's Pratt & Whitney and Air New Zealand Announce US$150 Million Expansion at Christchurch Engine Centre

RTX's Collins Aerospace to provide UK Chinook helicopters with interoperable avionics system

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