Quote (ofthevoid @ Feb 10 2021 09:35am)
People should try to anticipate which stocks will be in ArkX and buy now because when the etf comes out there will be a rush to buy the etf and those underlying holdings will go higher.
I mentioned this in another thread 2 names SPCE and SRAC that are certain to be in the ETF, both are already up a bunch.
Another one and I’ve seen Cathy load shares up on is Lockheed Martin LMT.
Just looked it up her fund purchased 47,673 shares of LMT on 2/1/21.
LMT still at a very favorable valuation and it's getting some good street upgrades. Morgan Stanley just gave them a 480 price target and it's at 340 currently.
I have been actively trying to decide on a defence stock.I have ATCO in Canada which operates in some defense capacity via infrastructure through ATCO Frontec but need a US holding.