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☆ Wall Street pros reveal their top defense stocks — and the same names keep coming up
▼ + stars: | 2023-02-08 | by ( Zavier Ong | ) www.cnbc.com time to read: +4 min

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.

☆ Honeywell reported a challenging Q4, but the industrial giant's fundamentals remain strong
▼ + stars: | 2023-02-02 | by ( Zev Fima | ) www.cnbc.com time to read: +6 min

Industrial conglomerate Honeywell International (HON) on Thursday reported suboptimal fourth-quarter results, sending shares lower in midday trading. However, we remain confident in the Club holding's management team and would see any further weakness as a potential buying opportunity. Supportive of this outlook is strong demand in Honeywell's aerospace division, where growth has been held back on the supply side. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. An aircraft engine is being tested at Honeywell Aerospace in Phoenix.

☆ Jim Cramer's top 10 things to watch in the market Tuesday: Club earnings, AMD downgrade, Disney hope
▼ + stars: | 2023-01-24 | by ( Jim Cramer | ) www.cnbc.com time to read: +3 min

Three quarterly reports before the bell and Club holding Microsoft (MSFT) after the close. Club holding Nvidia (NVDA): Citi sees generative artificial intelligence ChatGPT as a $5 billion to $11 billion opportunity. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

☆ Wall Street sees big gains ahead in these industrial stocks, even with a recession on the horizon
▼ + stars: | 2023-01-18 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Conventional wisdom says to steer clear of industrial stocks heading into a recession, in anticipation of sputtering economic growth and factory production. But even in the face of a looming downturn this year, Wall Street still expects a host of industrial companies to weather the turmoil, and sees strong gains in the months ahead. XLI YTD mountain The XLI is up more than 2% this year Industrial stocks outperformed last year and continue to fare well in 2023. Delta shares could see the greatest upside of the three, with the consensus target implying a 32% potential rally in the shares. Auxiliary power equipment maker Generac also made the list, with the average price target suggesting shares stand to gain as much as 20%.

☆ Goldman Sachs unveils its top buy-rated stocks for 2023
▼ + stars: | 2022-12-24 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Goldman Sachs analysts have revealed their favorite stocks to buy for 2023. CNBC Pro combed through top Goldman research to find the bank's top picks heading into next year. They include: Amazon, Weyerhaeuser, Boeing, Chipotle, Humana and Bath & Body Works. Shares are up about 40% over the past six months, and they have more room to run in 2023, he said. Chipotle Chipotle is down 19% this year, but analyst Jared Garber said the stock is greatly undervalued heading into 2023.

☆ Exclusive: U.S. lawmakers set to back Boeing 737 MAX certification extension
▼ + stars: | 2022-12-19 | by ( David Shepardson | ) www.reuters.com time to read: +3 min

Congressional leaders have agreed to attach the extension to a bill to fund U.S. government operations and to require new safety enhancements for existing MAX aircraft proposed by U.S. Cantwell proposed requiring retrofitting existing MAX airplanes with an "enhanced angle of attack (AOA) and a means to shut off stall warnings and overspeed alerts, for all MAX aircraft," Reuters reported on Nov. 30. Faulty data from a single sensor that erroneously triggered a software function called MCAS to repeatedly activate played critical roles in the fatal 737 MAX crashes. Boeing declined to comment, but Boeing Commercial Airplanes Chief Executive Stan Deal said last week the planemaker supported Cantwell's safety retrofit proposal. Boeing said in October it expects the 737 MAX 7 to be certified this year or in 2023 and last week Boeing's Deal said he thinks the MAX 10 could receive certification in late 2023 or early 2024.

☆ The surprising group of stocks outperforming into a possible recession
▼ + stars: | 2022-12-09 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Industrials have shown "surprising strength," even as recession fears mount, according to Yardeni Research. The S & P 500 's industrial stocks have on average fallen a little less than 6% so far this year. That puts them in the middle of the pack among the 11 S & P sectors, but still a notable outperformance relative to the S & P 500's loss of almost 17% in the same period. Industrials are expected to post the second best earnings growth of the 11 S & P 500 sectors in 2023, Yardeni said. Boeing will also help the sector, Yardeni said, as the company sees increased demand upon resolution of its MAX jet safety issues.

WASHINGTON/NEW YORK, Dec 8 (Reuters) - The U.S. Commerce Department will continue to deny three U.S.-based firms' export privileges, the government announced on Thursday, saying the companies had illegally exported satellite, rocket and defense technology to China. Since June, the Commerce Department found additional U.S. companies that worked with the firms, involving the unlicensed export to China of firearm component and space technology details. The new order denies the companies' export privileges for another 180 days, and gives notice to other companies to avoid doing business with them. The department did not identify the companies who had contracted with the North Carolina firms. But, according to the department's June order, a U.S. aerospace and global defense technology company notified the department in February 2020 of a third-party supplier's unauthorized export of controlled satellite technology.

☆ Honeywell is well-positioned to capitalize on pockets of strength in the economy
▼ + stars: | 2022-12-06 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +6 min

Aerospace well positioned Honeywell's aerospace division — which supplies parts to plane makers Boeing (BA) and European rival Airbus — falls on the positive end of the economic spectrum. Warehouse automation weaker While Honeywell's warehouse automation business saw growth in the first two years of the Covid pandemic, it's been hurt by the shift in consumer spending toward services, away from goods. The change in how dollars are being spent has led to challenges for retailers and, by extension, softened demand for Honeywell's warehouse automation offerings. "We look at the other end like warehouse automation, which is really tied to retail growth and products and distribution. This means that revenue growth may decline year-over-year, but each dollar of warehouse automation sales could be more profitable in 2023 than in 2022.

☆ Here are the 10 stocks we consider our core holdings in the Club portfolio — and why
▼ + stars: | 2022-11-17 | by ( Jeff Marks | ) www.cnbc.com time to read: +12 min

At the Investing Club, we generally try to keep our portfolio to around 30 stocks, give or take a few. In light of Thursday's "Monthly Meeting," we wanted to identify what we consider our 10 core holdings of the 32. We may consider a stock a core holding today but that could change three months from now. Management sees its post-separation core business growing revenues at a high single-digit clip and earnings-per-share increasing in the double digits. The stock provides a stellar dividend yield of nearly 3.5%, and the bank has plenty of excess capital to repurchase stock quarter after quarter, while other banks have paused their buybacks.

Over recent years, NATO allies and Russia have scaled up military exercises in the region; Chinese and Russian warships conducted a joint exercise in the Bering Sea in September. Four Arctic experts say it would take the West at least 10 years to catch up with Russia's military in the region, if it chose to do so. "NATO is increasing its presence in the Arctic with more modern capabilities," NATO chief Jens Stoltenberg told Reuters. Now NATO and Arctic allies are changing their stance. Sweden and Finland have begun investing in surveillance and deterrence capabilities and military hardware including jets so their air forces can fight alongside Arctic NATO allies.

☆ Raytheon sees castings shortages spilling into next year amid aftermarket demand
▼ + stars: | 2022-11-08 | by ( Abhijith Ganapavaram | ) www.reuters.com time to read: +2 min

Supply shortages have crippled aerospace's ability to meet a snapback in demand for travel. The supply of castings has been singled out as problematic by aerospace executives as manufacturing them is a labor-intensive process and it takes time to train new hires. Shortages are now prompting Raytheon to choose between making new engines and servicing old ones. TRAVEL DEMAND A 'WATCH ITEM'Raytheon, whose Pratt & Whitney engines power all of Airbus' A220 jets and about half of the A320neo aircraft, said it had not seen any signs of travel demand, which has turbocharged the industry's recovery, subsiding. However, he added travel demand remains a "watch item", amid recessionary fears.

☆ 'What we're seeing today looks a lot like post-internet bubble': Guggenheim CIO Scott Minerd told us why stocks will likely fall another 19% — and shared 2 investments that look among the most attract
▼ + stars: | 2022-11-05 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

Amid the tough backdrop, Minerd shared two areas where he thinks investors can find return. "That's a much better place to go with your money than the stock market," Minerd said. "If you look at defense stocks year-to-date, they're generally high. And so I think there's a lot more upside in defense stocks, both relatively in the short run and in the next five years." Funds like the SPDR S&P Aerospace & Defense ETF (XAR) and the iShares U.S. Aerospace & Defense ETF (ITA) offer diversified exposure to defense stocks.

Investors have been skeptical due to production delays, cuts in the jet delivery outlook and mounting losses at its defense business. Boeing projects that higher jet deliveries will generate $3 billion-$5 billion in free cash flow next year, higher than $1.5 billion-$2 billion expected this year. The company last month predicted it would deliver 375 MAX planes this year, lower than a July target of "low 400s." Both 737 MAX and 787 jets hold the key to its free cash flow and profits. Boeing needs to shore up its cash flow to help pay off its debt.

☆ Boeing expects $3 billion-$5 billion in free cash flow in 2023
▼ + stars: | 2022-11-02 | by ( ) www.reuters.com time to read: +1 min

CHICAGO, Nov 2 (Reuters) - Boeing Co (BA.N) on Wednesday forecast higher free cash flow as it expects to ramp up deliveries of 737 MAX and 787 jets, its Chief Financial Officer Brian West told investors on Wednesday. The Virginia-based planemaker estimates it will generate $3 billion-$5 billion in free cash flow next year, higher than $1.5 billion-$2 billion expected this year. West said the U.S. aerospace giant expects to deliver 400-450 MAX planes next year, more than the 375 single-aisle planes it expects to deliver this year. Similarly, it expects to deliver 70-80 787 planes in 2023. It is aiming to shore up its free cash flow to help pay off its debt.

☆ Boeing investors seek clarity, realistic goals after a series of setbacks
▼ + stars: | 2022-11-02 | by ( Rajesh Kumar Singh | ) www.reuters.com time to read: +4 min

The Virginia-based planemaker is trying to emerge from overlapping crises: the pandemic and the grounding of the 737 Max, its best-selling model, after fatal crashes. Boeing last month predicted it would deliver 375 MAX planes this year, lower than a July target of "low 400s." Boeing expects to gradually ramp up the rate to five airplanes per month. REGULATORY HURDLESBoeing is also expected to provide an update on the certification of MAX 7 and MAX 10 planes. The Dallas-based carrier expects no 737 Max 7 deliveries this year and has converted 17 orders for next year to the 737 Max 8.

☆ What Cramer is watching Thursday — Meta meltdown, Honeywell solid, Ford cash strong
▼ + stars: | 2022-10-27 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

Horrifying free cash flow of less than $1 billion at the Club holding. Raised full-year adjusted free cash flow goal to $9.5 billion to $10 billion, a $3.44 billion increase. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Oct 26 (Reuters) - Boeing Co's (BA.N) ailing defense business on Wednesday recorded a $2.8 billion charge, but the U.S. planemaker stuck to its forecast of generating cash this year despite struggling to raise commercial jet production due to labor and supply shortages. The planemaker said it took charges on its Air Force One and refueling tanker program, among others. "Our revenue and earnings were significantly impacted by losses on fixed-price development programs in our defense business, driven by higher estimated manufacturing and supply chain costs," Boeing Chief Executive Dave Calhoun said in a message to employees. Boeing has appointed a senior troubleshooter Steve Parker to help turn around loss-making programs in its defense unit, Reuters reported on Tuesday. Demand at the global services business that provides spare parts and services such as jet conversions was a bright spot in the quarter through September, with revenue rising 5%.

☆ Lilium aims to build 400 air taxis a year, seek grants
▼ + stars: | 2022-09-28 | by ( ) www.reuters.com time to read: +3 min

PARIS, Sept 28 (Reuters) - German air taxi developer Lilium Air Mobility plans to set up industrial capacity to make some 400 of its electrically powered Lilium Jet flying shuttles a year, while tapping schemes that provide public research support, its new chief executive said. But the challenges of securing certification and funding the innovations such as fresh battery technology have weighed on the new sector. Register now for FREE unlimited access to Reuters.com Register"I am pushing hard (for) a production system for 400 aircraft. "Let's size it and let's see how we have to design a production system including the whole supply chain for 400 aircraft," Roewe said after a quarterly shareholder update. The company is planning for the first time to tap standard public sources of funds such as research grants, Roewe said.

We're buying 25 shares of Salesforce (CRM) at roughly $147.28 each and 25 shares of Honeywell (HON) at roughly $170.28. In a very oversold market, according to our trusted S & P Oscillator , we've making two more small buys Monday afternoon. The Oscillator reached an extreme oversold reading of minus 10.66% after last week's sharp declines. As a reminder, any time the Oscillator moves below minus 4%, it signals oversold conditions in the market, which could mean it's due for a bounce. However, the Oscillator (and the market) could, of course, go even lower from here, especially as equities take their cue from the bond market.

We're buying 50 shares of Honeywell International (HON) at roughly $188.29 each. Following Tuesday's trade, Jim Cramer's Charitable Trust will own 625 shares of HON, increasing its weighting to 4.06% from 3.75%. From an end market perspective, about 65% of the company's sales are focused on late cycle end markets like commercial aviation, defense, oil & gas, and nonresidential construction. We believe these end markets are less likely to have material earnings revision risks and better positioned to weather a softening macro environment. With this buy, we're repurchasing the full 25 shares we sold at around $198 in late-March plus an additional 25.

Top-down analysis As the name implies, top-down analysis starts by analyzing the big picture and working your way down. The industrials offers another great example of how a top-down analysis may work. Bottom-up analysis Bottom-up analysis works in the opposite direction. By combining the top-down view with the bottom-up view, the hope is to identify "great houses, in great neighborhoods." As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ US raises tariffs on European-built aircraft in ongoing dispute over subsidies
▼ + stars: | 2020-02-15 | by ( ) www.cnbc.com time to read: +4 min

The U.S. government on Friday said it would increase tariffs on aircraft imported from the European Union to 15% from 10%, ratcheting up pressure on Brussels in a nearly 16-year transatlantic dispute over aircraft subsidies. EU officials have said they want to negotiate with Washington but will not be bullied into submission. EU officials had no immediate comment on Friday's news. The WTO in October had awarded Washington the right to impose tariffs on $7.5 billion of annual EU imports in its case against Airbus. "The EU and Airbus could end these tariffs by finally complying with their legal obligations, ending these illegal subsidies, and addressing their ongoing harm.

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