Defense stocks tend to benefit from Republican control. Analysts warn this may not be the case under Trump

[Pelican Press 0]

This is the hidden content, please

• Sign In
• or
• Sign Up

Defense stocks tend to benefit from *********** control. Analysts warn this may not be the case under Trump

This is the hidden content, please

• Sign In
• or
• Sign Up

could imply decreased weapons funding for Ukraine, according to the analyst. *********** control of both branches of the legislative branch could result in budget cuts for federal IT revenue — which, to be sure, Akers said might be difficult unless there is a stronger *********** majority than polls currently suggest. “Even with a majority, R leaders would need to thread the needle between [the] House Freedom Caucus on the right, and enough Senate Democrats on the left (40+) to filibuster budgets without an equitable non-defense funding split. Another two years of low growth for both defense and non-defense looks likely to us,” Akers wrote in a Tuesday note. The likelihood of further tariffs against China under a Trump administration could also negatively impact Boeing. “Aircraft are large, visible export items from the U.S. to China, and have emerged as a target in ongoing trade tensions between the countries,” according to Akers. TD Cowen thinks the opposite scenario is likely, however. The firm said a Trump presidency is positive for the defense sector. Although the firm agrees overseas defense and emergency spending could fall, it thinks it won’t go away entirely. “We think the prospects for defense companies (top-line growth & transition from development work to production) are better than expected,” TD Cowen wrote in a note. The firm cited the *********** party’s platform, which highlights a “strong military,” restoring peace and “made in America” defense systems. The iShares U.S. Aerospace & Defense ETF (ITA) has lagged the broader market this year, rising just 7.7% — while the S & P 500 is up 18%. ITA .SPX YTD mountain ITA year to date

This is the hidden content, please

• Sign In
• or
• Sign Up

#Defense #stocks #tend #benefit #*********** #control #Analysts #warn #case #Trump

This is the hidden content, please

• Sign In
• or
• Sign Up

This is the hidden content, please

• Sign In
• or
• Sign Up