July 26, 2024

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

Defense Stocks Winning

Please click here for a chart of RTX stock (RTX).

Note the following:

• The Morning Capsule is about the big picture, not an individual stock.  The chart of RTX stock is being used to illustrate the point.
• The market is reaching a consensus that defense stocks are winners irrespective of Trump or Harris winning the election.  The consensus is that defense spending is going to go up irrespective of who wins.
• RTX is an aerospace and defense stock.  RTX makes the Patriot anti-missile defense system.