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The iShares U.S. Aerospace & Defense ETF (ITA), which tracks the performance of U.S.-listed aerospace and defense stocks, rose 8.8% in 2022 and is up more than 2% this year. He said defense stocks are "one way to protect the other parts of the portfolio that are under pressure." "I'm bullish on aerospace and defense stocks, and I think those are names that should be in a longer-term portfolio. The investment bank described Moog as a "transition story" that will benefit from an "extended defense spending lift." Other South Korean stocks with exposure to the defense sector include Hyundai Heavy Industries and Daewoo Shipbuilding & Marine Engineering.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPotomac Wealth's Mark Avallone offers his bullish case for defenseMark Avallone, Potomac Wealth Advisors president, joins 'The Exchange' to offer his bullish case for defense stocks.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPotomac Wealth's Mark Avallone likes financials, particularly insurance, heading into 2023Mark Avallone, Potomac Wealth Advisors president, joins 'The Exchange' to discuss positioning in 2023.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTwo money managers discuss which sectors to invest in as the trading year nears a closeMalcolm Ethridge, Executive Vice President of CIC Wealth, and Mark Avallone, President of Potomac Wealth Advisors, join Worldwide Exchange to discuss their investment strategies for the markets.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Potomac Wealth Advisors' Mark AvallonePotomac Wealth Advisors' Mark Avallone joins 'The Exchange' to discuss Fed activity in 2023, clarity on inflation numbers and the midterm election impact on U.S.-China relations.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCommitting all your capital to stock allocation is a bit premature, says Potomac Wealth Advisors' AvallonePotomac Wealth Advisors' Mark Avallone joins 'The Exchange' to discuss Fed activity in 2023, waiting for clarity on inflation numbers, and midterm election impact on U.S. China relations.
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