$Ondas Holdings Inc.(ONDS)$ President Donald Trump’s pledge to increase the country’s military budget from $900 billion to $1.5 trillion has sent defense stocks soaring, including robotics and drone solutions provider, Red Cat Holdings, Inc. (NASDAQ:RCAT), over the past week. Shares of Red Cat Holdings are up 41.70% year-to-date, in just over a week of trading in the new year, a surge that is sending its Momentum score in Benzinga’s Edge Stock Rankings soaring.
$Ondas Holdings Inc.(ONDS)$ President Donald Trump’s pledge to increase the country’s military budget from $900 billion to $1.5 trillion has sent defense stocks soaring, including robotics and drone solutions provider, Red Cat Holdings, Inc. (NASDAQ:RCAT), over the past week. Shares of Red Cat Holdings are up 41.70% year-to-date, in just over a week of trading in the new year, a surge that is sending its Momentum score in Benzinga’s Edge Stock Rankings soaring.