While nobody knows exactly what Trump will do with the defense budget, there's some strong belief he'll continue his use of technology-based weapons. Trump favors tech weapons over boots on the ground, and during his last presidency he greatly increased the use of drones and unmanned aircraft to attack terrorist leaders. In fact, he launched 238 drone attacks in his first two years in office, while Barack Obama launched 186. RTX makes several drone models, including the Coyote and KuRFS systems. But remember, this potential trade is based on the perception that Republicans will increase defense spending. So make sure to position size accordingly. Action Plan: Perception trades offer potential for lucrative winners, and Trump's latest victory is showing potential for more spending in the defense sector – particularly tech-based weapons. RTX is one of our favorite defense stocks, and right now it's pulling back which means we're looking for the right time to get in. To see exactly how we're playing all our post-election trade ideas, click here to join The War Room. |
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