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Is SHLD Global X Defense Tech ETF A Good Buy With Trump Presidency?
@koolgal:🌟🌟🌟With Donald Trump set to be President in January 20 2025, he would be the new Commander In Chief of the US armed forces. The 2024 Republican Platform said that it will ensure the US military is the most modern, lethal and powerful force in the world. According to Statista, the US led the ranking of the countries with the highest military spending in 2023 with USD 916 billion. That represents over 40% of the total military spending worldwide in 2023. $Global X Defense Tech ETF(SHLD)$ SHLD represents the best defense technology companies worldwide that provide the products and services in that sector. These include Cybersecurity, AI, Big Data, Augmented Reality, Advanced Military Systems as well as Robotics, fuel systems and aircraft. The Top 10 holdings include Palantir, Lockheed Martin, RTX Corp, Northrop Grumman, General Dynamics, BAE Systems, Leidos Holdings, L3Harris Technologies, Parsons Corp and Rheinmetall AG. Palantir $Palantir Technologies Inc.(PLTR)$ is the Top holding with 10%. Palantir is big on Data Analytics and is one of the fastest growing US companies. Its share price has been on a tear this year, skyrocketing 26% in the past 5 days and a whopping 263% year todate. Palantir has been winning big contracts from the US government as well as commercial contracts. It has just reported a better than expected Q3 24 Earnings on November 5 with overall revenue up 30% to USD 725.5 million, well ahead of consensus. $Lockheed Martin(LMT)$ is a US Defense and aerospace manufacturer. Its share price has jumped 25% year todate. $RTX Corp(RTX)$ is another US Aerospace and Defense conglomerate that has done well. RTX is up 46% year todate. $Northrop Grumman(NOC)$ is one of the world 's largest weapons manufacturers and military technology providers. Its share price is up 13.5% year todate. It is not surprising that SHLD' s share price is also up with such strong performance from its top holdings. Fortunately Boeing is not part of SHLD's holdings as it is down 40% year todate. Boeing has been facing quality control issues and just recently settled a strike with its employees. The Top 10 holdings weightage is 64%. Total number of holdings is 35. The expense ratio is 0.50%. Dividends are paid every 6 months. The current dividend yield is 0.78%. SHLD goes ex dividend on December 30 2024. The US companies lead with 66% weightage on the ETF followed by Europe at 28% and Asia Pacific at 5%. Performance wise, SHLD is up 1.7% on Monday and 9.1% in the past 5 days. SHLD has risen 48.9% year todate. SHLD has also hit its 52 week high last week at USD 41.67 when news of Donald Trump's election win was announced. Wall Street Analysts are bullish on SHLD with a Buy rating, with Target price ranging from a high of USD 47.09 to a low of USD 36.14. This is according to 35 analysts surveyed by Tipranks. Is SHLD ETF a good buy with Trump Presidency? I believe that is a YES! SHLD is a great value for money ETF to tap into the powerful defense companies. At the last closing price of USD 41.48, SHLD is a lot easier on the pocket than buying Lockheed Martin at USD 570.58 in comparison. SHLD does the heavy lifting for me by selecting the best defense stocks and weeding out the non performing ones. No need to decide which defense stocks to buy. No need to read company reports. That is the power of investing in SHLD. Maximum impact, minimum cost. @Daily_Discussion @TigerStars @Tiger_comments @MillionaireTiger @CaptainTiger
Is SHLD Global X Defense Tech ETF A Good Buy With Trump Presidency? Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.