06 January Watchlist 👀

 

Today we are watching…

1. Northrop Grumman (#nthrop)

Most US stocks are in the wars right now, but this arms manufacturer is in its element. Since ordering a drone attack on Iran’s top military general on Friday, President Trump has deployed three thousand extra foot soldiers to the region in war prep. Grumman, an eight-time Collier Trophy-winning firm, is gunning to be their kit sponsor! The company would benefit from increased military spending if war broke out, supplying the war effort with aircraft, drones, satellites, autocannons, and much, much more. Along with shares in other aerospace and defense companies like Raytheon and Lockheed Martin, investors snapped up Grumman as its future prospects took shape on Friday. However, many also ducked the potential opportunity, not at peace profiting from a war cycle.

2. Tesla (#tesla)

If you want to stay in Elon’s good books, don’t short Tesla’s stock. Fed up with bearish Wall Street analysts waging bets against his electric car start-up, Elon Musk threatened to take Tesla private in 2018. His “funding secured” tweet rattled markets and landed him in hot water with the Securities and Exchange Commission. However, sentiment didn’t swing. A year later, then, Musk set a further precedent by tweeting renowned investing critic David Einhorn a pair of short shorts! 26% of shares in Tesla are still being sold short today, but according to financial analytics firms, those bets have racked up losses of over $8 billion since May, all thanks to Tesla’s stock market outperformance. Elon’s laughing now, but will he get the last laugh? 

Share:

More Posts

What is a kids brokerage account?

23 March, 2023

A kid’s brokerage account is more accurately called a custodial account. This is a brokerage account that parents or legal guardians can open on behalf of their child.

Load More
Get your daily Invstr Crunch

Get the market news and updates you need, delivered to your inbox or available on our daily podcast.

Facebook Twitter Youtube Instagram Snapchat Tiktok
learn
products
plan
Who we are
blog

Risk Disclosure:

Invstr is not a bank and banking services are provided by Vast Bank, N.A.

Brokerage and Banking services are currently only available to U.S. residents.

Invstr app and web services are provided by Invstr Ltd. Advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC) details of which can be obtained here. Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value.

Investing involves risk and can lead to losses. Past performance does not guarantee future results.

Invstr app and web services are provided by Invstr Ltd. Invstr+ advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC). Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value. Vast Bank N.A. a nationally chartered bank and member of the FDIC, provides the banking products, including the products and services related to digital asset accounts. As with any asset, the value of Digital assets can go up or down and there can be a substantial risk that you lose money buying or holding digital assets. You should carefully consider whether trading or holding Digital assets is suitable for you in light of your financial condition. Your digital account does not support wallet to wallet transferring of your digital assets (i.e. cryptocurrencies) outside the platform. Any Digital Assets in your digital asset account are not insured by any government entities, including but not limited to FDIC or SIPC. The Invstr Visa® Debit Card is issued by Vast Bank, N.A. pursuant to a license from Visa U.S.A Inc and may be used everywhere Visa debit cards are accepted. Invstr Ltd, Invstr Financial LLC and Invstr Securities Ltd are subsidiaries of Marketspringpad Holdings (collectively “Invstr”) and Invstr is solely responsible for the application services and website content.

Watchlists provided when users first access the service are not a recommendation to invest. Instead they are provided to help users better navigate the service. Users are free to edit and create their own watchlists. From time to time, Invstr will suggest instruments solely based on an individual’s interest and the interest levels of the Invstr community.The statistical and portfolio builder models generated by Invstr do not reflect actual investment results and are not guarantees of future results.Comments provided by Invstr leaders, influencers or members of the Invstr Community are not recommendations and should not be construed as such.Invstr does not endorse the content or the positions posted by them. Their investment approach, and that of the models provided by Invstr, may be different from yours and may not be appropriate for you.