Aerospace & Defense Off to a Strong Start in 2018 on Most Watched Stocks List
Anish Sharma Jan 03, 2018
Donald Trump’s first tweet of 2018 accused Pakistan of taking billions of dollars in aid but not doing enough to tackle terrorism. Tensions rose between both countries as Trump further suggested stopping $225 million of aid to Pakistan’s military. Such political rhetoric by Trump adds more fuel to the fire that’s raging in the aerospace and defense stocks.
When we recapped 2017’s movers and shakers in the Most Watched Stocks List, aerospace & defense was the top performer. UTX and Honeywell both moved up six places in 2017.
Last week, both these companies started 2018 with a bang. United Technologies jumped two places from 66 to 64, while Honeywell jumped one spot from 72 to 71. Investor interest in aerospace and defense remains elevated as they expect more war and political rhetoric from across the world, primarily led by the Trump administration.
Other stocks that moved last week were Mattel and new entrant Portland General Electric. Mattel has been sliding out of the list throughout 2017 as the toy maker cut its dividend, while POR has been generating investor interest, as the company debuted on the 100th spot a few weeks back.
Last week was very muted due to the holidays. The top half of the Most Watched Stocks List did not move at all.
Our Most Watched Stocks List is a user-generated, interest-based ranking of dividend-paying stocks, giving you a real-time snapshot of buying interest in the market. Generated by our Premium members’ watchlists, it’s aggregated and ranked by the most watched criteria.
The list has been designed to help income investors navigate the top dividend stocks being tracked by one of the world’s most advanced investing communities.
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