Stock Talk
Trading notes on some stocks we watch here at the Jones report:
KTOS: After the market correction, KTOS is rebounding. They are in several key areas critical to American defense. While they have developed advanced drones as highlighted here previously it is uncertain as to how that will translate into US sales. The reason is that both Lockheed Martin and Boeing have drones in the plans that can compete with those that can accompany their respective jet fighters. However, KTOS has initiated an entire new level of drone development - specifically, hypersonic drones. KTOS has several high value contracts and is growing from a second-tier contractor to a primary where they believe the fit is the right way to move within their range of expertise. This range is widening out into several leading-edge skills and related patents. KTOS is being bought by outfits such as Vanguard and has been added to S&P 600 index. Today, KTOS has rebounded to 30's. Some KTOS, long term is still on track.
MO: In hard times, MO is a stock that had held up so holding a few shares of MO seems reasonable. The dividend between 7% and 8% is an indicator of market interest.
RKLB: Highlighted here as a stock of note is surging in a short term pop. The recent possibility of competing for a large contract in the Billions is fueling the pop. One caveat is that it depends on their development of a rocket they call - the neutron rocket. RKLB is a leader in making quick build rockets with their proprietary 3 D printing methods. Also is RKLB then competing with Space X? Ok, there's the risk.
ASPI : a speculative issue in the $4 ish range. Ramping up their proprietary laser process to produce high value isotopes. It has held its own during the recent market carnage. Bill Gates and his LLC , TerraPower have their eye on ASPI.
KGC: Update 4/9: today, KGC is threatening to venture into the teens with the China tax turmoil and inflation fear, along with > $3k Gold. Could it be that KGC will finally beat the resistance into the teens? putting a watch back on KGC for "one more try". We may yet see said the blind man.
NVDA: after watching this NVDA trade, it seems too hard to even try to predict with the "China tax thing" and Taiwan next to "pissed off China" thing going on.
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If you dare ... Stay tuned and aware ....
For now, we close by noting that any views on the market and stocks on any particular day may change in the future days to come. That is why we watch and see how our views match up with the reality of the time. But trying to look ahead a few months into the future may be a way to do things. If you think too deep about world events and the recent alliances forming, projecting ahead can be a dicey endeavor. In all - we use the word maybe "some", not "too much" and play it accordingly. Remember, never get arrogant in our various notions because things do change in the market and individual stocks are subject to many factors outside of our control.. So we try to -stay aware.
With all the above caveats and attempted prognostications, I will close this post. Stay tuned for more opining on the market and stocks to watch.
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ALL in my humble opinion, scroll down and read more.This site does NOT make Buy / Sell recommendations.
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