VanderWolf-Images/iStock Editorial via Getty Images Moog has gained 6.9% since my last report outperforming the S&P 500’s 3% gain. That is not a huge outperformance but still more than twice the index return. I believe that is actually quite remarkable given that aerospace and defense stocks have not been favored by the market since the war in Iran started. In this report, I discuss the opportunit...
VanderWolf-Images/iStock Editorial via Getty Images Moog has gained 6.9% since my last report outperforming the S&P 500’s 3% gain. That is not a huge outperformance but still more than twice the index return. I believe that is actually quite remarkable given that aerospace and defense stocks have not been favored by the market since the war in Iran started. In this report, I discuss the opportunities that Moog has, the upcoming earnings expectations and present my increased price target supporting my buy rating. Moog Could Have Elevated Opportunities Amid Rising Tensions What we have seen is increased demand for missile and missile defense. While contracts may be awarded, I don’t view increased missile defense as a substantial near-term driver. The reason for that is that defense prime contractors are already executing on previously established frameworks to increase production and additional demand would more often than not be either for even higher production in years from now or extending peak production levels. So, near-term opportunities may be limited. There may be some funds flowing into the supply chain to start expanding the capacity beyond previously established levels to support replenishing the missile stockpiles, but I do not expect those to be big dollars at this stage. Moog supplies motion control, actuation and control systems that are used in missiles for guidance and propulsion control and fighter jets such as the F-35 for flight controls. The company’s products are also used in turrets and satellite systems. With the eye on the war in Iran, the drivers would be replenishment demand for missiles and higher maintenance and spare parts for air operations. Moog is a supplier to the defense primes and with a potentially prolonged conflict, we could see some sort of supply chain lock in which could give Moog good backlog and revenue visibility and strong pricing power as the war environment pivots price sensitivity to delivery-over-cost. Since Moog prov...
Amazon ( AMZN ) announced today it was investing $5B in Anthropic ( ANTHRO ) and plans to add up to $20B more to that figure in the years ahead. Amazon shares were up 3% during early post-market trading on Monday. On their end, Anthropic has committed to spending more than $100B over the next decade on Amazon Web Services tech. This includes current and future generations of Amazon's Trainium chip...
Amazon ( AMZN ) announced today it was investing $5B in Anthropic ( ANTHRO ) and plans to add up to $20B more to that figure in the years ahead. Amazon shares were up 3% during early post-market trading on Monday. On their end, Anthropic has committed to spending more than $100B over the next decade on Amazon Web Services tech. This includes current and future generations of Amazon's Trainium chip and tens of millions of Graviton cores. In addition, Anthropic will secure up to 5 GW of capacity to train and power their AI models. Amazon will invest $5B in Anthropic today and up to an additional $20B in the future, dependent on reaching certain commercial milestones. Amazon has previously invested $8B in Anthropic. The new partnership also provides AWS customers access to the full Anthropic-native Claude console from within AWS with no additional credentials, contracts, or billing relationships to manage . "Anthropic's commitment to run its large language models on AWS Trainium for the next decade reflects the progress we've made together on custom silicon, as we continue delivering the technology and infrastructure our customers need to build with generative AI," said Amazon CEO Andy Jassy. "Our collaboration with Amazon will allow us to continue advancing AI research while delivering Claude to our customers, including the more than 100,000 building on AWS," said Anthropic CEO and co-founder Dario Amodei. AWS will continue to serve as Anthropic's primary training and cloud provider. More on Amazon and Anthropic Amazon Could Re-Rate After Earnings Again (Preview) Amazon: The Anthropic Trade You're Not Making Amazon: My Top 8 Reasons To Buy Walmart tests store back rooms to speed marketplace deliveries: FT NSA is said to use Anthropic’s new AI model despite Pentagon dispute
Apple says hardware chief John Ternus will become the next CEO on September 1. Current CEO Tim Cook will shift to the role of executive chairman. Mandeep Singh of Bloomberg Intelligence has more. (Source: Bloomberg)
Apple says hardware chief John Ternus will become the next CEO on September 1. Current CEO Tim Cook will shift to the role of executive chairman. Mandeep Singh of Bloomberg Intelligence has more. (Source: Bloomberg)
Tim Robberts/DigitalVision via Getty Images Performance Assessment The Schwab U.S. Dividend Equity ETF ( SCHD ) initially lagged the S&P500 ( SPY ) since my last update on the stock, but has since staged a period of sharp outperformance, particularly YTD. Overall, it has slightly beaten the broad market index on a total shareholder return basis: Performance since HA's Last Article on SCHD (Seeking...
Tim Robberts/DigitalVision via Getty Images Performance Assessment The Schwab U.S. Dividend Equity ETF ( SCHD ) initially lagged the S&P500 ( SPY ) since my last update on the stock, but has since staged a period of sharp outperformance, particularly YTD. Overall, it has slightly beaten the broad market index on a total shareholder return basis: Performance since HA's Last Article on SCHD (Seeking Alpha, HA's Last Article on SCHD) I have not switched from my 'Sell/Underperform' view in time. Exposure Analysis of SCHD vs SPY I don't like to view a broad market exposure ETF like SCHD in isolation. I find it more useful to assess it compared to a market index such as the S&P500 ( SPY ). So here's the exposure analysis of SCHD vs SPY across sectors and key industries: SCHD vs SPY Sectoral Exposures (SCHD, SPY ETF Websites, HA Analysis) Highlight SCHD vs SPY Industry Exposures (SCHD, SPY ETF Websites, HA Analysis) For some of the major net exposure differences, I have highlighted favorable net exposures for SCHD in green, unfavorable net exposures for SCHD in red and a neutral exposures preference in yellow. I will discuss these points further in my thesis: Elevator Pitch Weak consumer sentiment is a headwind for SCHD's consumer-weighted portfolio A sharp decline in oil prices could weigh down on SCHD's upstream O&G exposures GPU availability near troughs implies upside for semiconductors and SCHD is underexposed A sugar surplus can help margins in SCHD's overweight beverages exposure Growing manufacturing PMIs bodes well for SCHD's industrial sector overweight SCHD valuations are fair SCHD is in a classic uptrend Weak Consumer Sentiment is a Headwind for SCHD's Consumer-Weighted Portfolio The University of Michigan's (UoM) Consumer Sentiment index is known to be a reliable leading economic indicator espoused by renowned economists such as Bernard Baumohl who is the chief global economist at The Economic Outlook Group. If you want to know more about it, Baumohl has discu...
Joa_Souza/iStock Unreleased via Getty Images Braskem ( BAK ) up 1.7% in Monday's trading as the Brazilian petrochemical company said Novonor and NSP Investimentos signed an agreement to sell control of the company to private equity fund Shine I, which is controlled by asset manager IG4 Capital, Reuters reported. IG4 confirmed the deal in a separate statement, saying the transfer of shares is exp...
Joa_Souza/iStock Unreleased via Getty Images Braskem ( BAK ) up 1.7% in Monday's trading as the Brazilian petrochemical company said Novonor and NSP Investimentos signed an agreement to sell control of the company to private equity fund Shine I, which is controlled by asset manager IG4 Capital, Reuters reported. IG4 confirmed the deal in a separate statement, saying the transfer of shares is expected to be completed within the next 30 days, subject to required legal and regulatory approvals. Also within 30 days, Shine I and oil company Petrobras ( PBR ) are expected to sign a new shareholders' agreement governing Braskem ( BAK ). Petrobras ( PBR ), which currently owns 47% of Braskem's ( BAK ) voting shares and 36.1% of its total shares, said it is evaluating the terms of the transaction to make a final decision regarding its waiver rights. The agreement details the conditions for the court-supervised sale of common shares and Class A preferred shares representing ~50.1% of Braskem's ( BAK ) voting shares and ~34.3% of its total shares, Braskem and IG4 said. More on Braskem Braskem Q4 2025 Earnings Call Presentation Braskem: Weak Spreads Persist, But Governance Risks Are Easing (Rating Upgrade) Braskem: Three Key Reasons To No Longer Be So Bearish For 2026 (Rating Upgrade)
Cook, who will assume the role of executive chairman, will be succeeded by John Ternus as CEO on 1 September Apple announced Monday that it had named a replacement for Tim Cook as CEO, with head of hardware engineering John Ternus to succeed him. “It has been the greatest privilege of my life to be the CEO of Apple and to have been trusted to lead such an extraordinary company. I love Apple with a...
Cook, who will assume the role of executive chairman, will be succeeded by John Ternus as CEO on 1 September Apple announced Monday that it had named a replacement for Tim Cook as CEO, with head of hardware engineering John Ternus to succeed him. “It has been the greatest privilege of my life to be the CEO of Apple and to have been trusted to lead such an extraordinary company. I love Apple with all of my being,” Cook said in a press release. Continue reading...
May WTI crude oil (CLK26) on Monday closed up +5.76 (+6.87%), and May RBOB gasoline (RBK26 ) closed up +0.1120 (+3.73%). Crude oil and gasoline prices settled sharply higher on Monday after Iran on Saturday said the Strait of Hormuz was closed for shipping following a refusal by the US...
May WTI crude oil (CLK26) on Monday closed up +5.76 (+6.87%), and May RBOB gasoline (RBK26 ) closed up +0.1120 (+3.73%). Crude oil and gasoline prices settled sharply higher on Monday after Iran on Saturday said the Strait of Hormuz was closed for shipping following a refusal by the US...
Andrew Gosden, partner at Apollo Management, joins Katie Greifeld, Scarlet Fu, and Eric Balchunas on "Bloomberg ETF IQ." They discuss the State Street IG Public & Private Credit ETF (ticker: PRIV). The fund has amassed more than $800 million in assets since its launch in February of 2025. (Source: Bloomberg)
Andrew Gosden, partner at Apollo Management, joins Katie Greifeld, Scarlet Fu, and Eric Balchunas on "Bloomberg ETF IQ." They discuss the State Street IG Public & Private Credit ETF (ticker: PRIV). The fund has amassed more than $800 million in assets since its launch in February of 2025. (Source: Bloomberg)
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which me
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which me
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which me
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which me
In trading on Monday, shares of Shoe Carnival, Inc. (Symbol: SCVL) crossed above their 200 day moving average of $19.52, changing hands as high as $19.73 per share. Shoe Carnival, Inc. shares are currently trading up about 3.9% on the day. The chart below shows the one year pe
In trading on Monday, shares of Shoe Carnival, Inc. (Symbol: SCVL) crossed above their 200 day moving average of $19.52, changing hands as high as $19.73 per share. Shoe Carnival, Inc. shares are currently trading up about 3.9% on the day. The chart below shows the one year pe
In the latest look at the underlying components of the S&P 500 ordered by largest market capitalization, Analog Devices Inc (Symbol: ADI) has taken over the #58 spot from Boeing Co. (Symbol: BA), according to The Online Investor. Market capitalization is an important dat
In the latest look at the underlying components of the S&P 500 ordered by largest market capitalization, Analog Devices Inc (Symbol: ADI) has taken over the #58 spot from Boeing Co. (Symbol: BA), according to The Online Investor. Market capitalization is an important dat
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which me
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which me
Tim Cook Stepping Down As Apple CEO; John Ternus, Head Of Hardware, Will Take Over Confirming long-standing rumors of Tim Cook's replacement, after hours Apple announced that Tim Cook will step down as CEO and become executive chairman of Apple’s board of directorsm while John Ternus, senior vice president of Hardware Engineering whose name has been speculated as the next boss of Apple, will becom...
Tim Cook Stepping Down As Apple CEO; John Ternus, Head Of Hardware, Will Take Over Confirming long-standing rumors of Tim Cook's replacement, after hours Apple announced that Tim Cook will step down as CEO and become executive chairman of Apple’s board of directorsm while John Ternus, senior vice president of Hardware Engineering whose name has been speculated as the next boss of Apple, will become Apple’s next chief executive officer effective on September 1, 2026. The transition was approved unanimously by the Board of Directors. Cook will continue in his role as CEO through the summer as he works closely with Ternus on a smooth transition. As executive chairman, Cook will assist with certain aspects of the company, including engaging with policymakers around the world. “It has been the greatest privilege of my life to be the CEO of Apple and to have been trusted to lead such an extraordinary company. I love Apple with all of my being, and I am so grateful to have had the opportunity to work with a team of such ingenious, innovative, creative, and deeply caring people who have been unwavering in their dedication to enriching the lives of our customers and creating the best products and services in the world,” said Cook. Tim Cook joined Apple in 1998 and became CEO in 2011, overseeing the introduction of numerous products and services, including new categories like Apple Watch, AirPods, and Apple Vision Pro, and services ranging from iCloud and Apple Pay to Apple TV and Apple Music. Under Cook, Apple's market cap grew from $350 billion to $4 trillion, more than 1,000% increase; meanwhile revenue quadrupled, from $108 billion in 2011 to $416 billion in 2025. That's a more than 2x Price/Sales expansion under Cook, who showed that you don't need original ideas, you just need cash for buybacks, to be successful as a CEO. “John Ternus has the mind of an engineer, the soul of an innovator, and the heart to lead with integrity and with honor. He is a visionary whose contr...