BA Nov 2024 175.000 put
| Previous close | 20.34 |
| Open | 18.40 |
| Bid | 17.65 |
| Ask | 18.30 |
| Strike | 175.00 |
| Expiry date | 2024-11-15 |
| Day's range | 18.05 - 18.40 |
| Contract range | N/A |
| Volume | |
| Open interest | 749 |
- Yahoo Finance Video
How to play aerospace and defense stocks now
Defense stocks have come under pressure as US lawmakers put spending under the microscope. The Gabelli Commercial Aerospace and Defense ETF Portfolio Manager Tony Bancroft and Baird Senior Analyst Peter Arment join Market Domination to discuss how to play the aerospace and defense sectors now. Bancroft says that "US defense spending is below historic averages," but President Biden's latest budget request has a notable increase in defense spending. Arment notes the US is trying to "recapitalize our entire military... that takes well over a decade to do." He says that part of that focus is new technology, meaning there are "a lot of opportunities for new companies to be brought into the industry," including Silicon Valley companies and those that are funded through private equity and venture capitalists. Both men note L3Harris Technologies (LHX), a company Arment says has a "multiyear growth story." They both like Boeing (BA), saying the company "makes safe planes." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Stephanie Mikulich.
GuruFocus.comDecoding Southwest Airlines Co (LUV): A Strategic SWOT Insight
Unveiling the Strengths and Challenges: A Deep Dive into Southwest Airlines Co (LUV) SWOT Analysis
- Reuters
UPDATE 1-US Air Force awards $13 bln Doomsday plane contract to Sierra Nevada
The U.S. Air Force said on Friday that it has awarded a $13 billion contract to Sierra Nevada Corp to develop a successor to the E-4B, known as the Doomsday plane due to its ability to survive a nuclear war. The Survivable Airborne Operations Center (SAOC) project is intended to replace the aging 1970s-era aircraft, which is approaching end-of-service life, an Air Force spokesperson said in a statement. Work on the SAOC will be carried out in Colorado, Nevada and Ohio and is expected to be completed in 2036, the Air Force added.
