Friday, September 10, 2021

New #Stocks to Watch at Investor Ideas in Tech (NYSE: $CNVY) (NYSE: $CXM) (CSE: $VRAR.C), Mining (TSXV: $OPHR.V) (TSXV: $MHUBV) (CSE: $STK.C), Defense (NasdaqGS: $FA), Real Estate (NYSE: $AOMR) and Cleantech (CSE: $ACDC.C)

 New #Stocks to Watch at Investor Ideas in Tech (NYSE: $CNVY) (NYSE: $CXM) (CSE: $VRAR.C) and Mining (TSXV: $OPHR.V) (TSXV: $MHUBV) (CSE: $STK.C)

 

Stocks added in Defense (NasdaqGS: $FA), Real Estate (NYSE: $AOMR) and Cleantech (CSE: $ACDC.C)

 



 

 

 

 

 

 

 

 

 

Point Roberts WA, Delta BC, September 10, 2021 – (Investorideas.com Newswire) Investorideas.com, a global news source and expert investing resource, announces its weekly roundup of stocks to watch in tech, mining, defense, real estate and cleantech. Today’s stocks have been added to our lists of free stock directories in each sector.

 

Read this in full at https://www.investorideas.com/news/2021/main/09101Stocks.asp

 

The newest tech companies are involved in healthcare technology, Artificial intelligence (AI), e-commerce, cloud computing and virtual reality (VR).

 

The latest mining companies are all Canadian listed as is the newest cleantech company.

 

The newest defense company provides screening services, while the latest real estate companies include a mortgage services provider and a residential rental company.

 

New Stocks added to Tech Stocks Directory:

Convey Holding Parent, Inc. (NYSE:CNVY) is a specialized healthcare technology and services company that is committed to providing clients with healthcare-specific, compliant member support solutions utilizing technology, engagement, and analytics. Convey's administrative solutions for government-sponsored health plans help to optimize member interactions, ensure compliance, and support end-to-end Medicare processes. By combining its purpose-built technology platforms with dedicated and flexible business process solutions, Convey creates better business results and better healthcare consumer experiences on behalf of business customers and partners. Convey's clients include some of the nation's leading health insurance plans and pharmacy benefit management firms. Convey's healthcare-focused teams help millions of Americans navigate the complex Medicare Advantage and Part D landscape.

 

Sprinklr, Inc. (NYSE:CXM) is the unified platform for all customer-facing functions. We call it unified customer experience management (Unified-CXM). We help companies deliver human experiences to every customer, every time, across any modern channel, at a once-impossible scale. Headquartered in New York City with over 2,400 employees globally, Sprinklr works with more than 1,000 of the world’s most valuable enterprises — global brands like Microsoft, P&G, Samsung and more than 50% of the Fortune 100.

 

AiHuiShou International Co. Ltd. (NYSE:RERE) operates a leading technology-driven pre-owned consumer electronics transactions and services platform in China under the brand ATRenew, which stands for "All Things Renew." Since its inception in 2011, ATRenew has been on a mission to give a second life to all idle goods, addressing the environmental impact of pre-owned consumer electronics by facilitating recycling and trade-in services, and distributing the devices to prolong their lifecycle. ATRenew's open platform integrates C2B, B2B, and B2C capabilities to empower its online and offline services. Through its end-to-end coverage of the entire value chain and its proprietary inspection, grading, and pricing technologies, ATRenew sets the standard for China's pre-owned consumer electronics industry.

 

TaskUs, Inc. (NasdaqGS:TASK) is a provider of outsourced digital services and next-generation customer experience to innovative and disruptive technology companies, helping its clients represent, protect and grow their brands. Leveraging a cloud-based infrastructure, TaskUs serves clients in the fastest-growing sectors, including social media, e-commerce, gaming, streaming media, food delivery and ridesharing, HiTech, FinTech and HealthTech. TaskUs has approximately 31,500 employees across twenty locations in the United States, the Philippines, India, Mexico, Taiwan, Greece, Ireland and Colombia.

 

WalkMe Ltd.(NasdaqGS:WKME) cloud-based Digital Adoption Platform enables organizations to measure, drive and act to ultimately accelerate their digital transformations and better realize the value of their software investments. Our code-free platform leverages our proprietary technology to provide visibility to an organization’s Chief Information Officer and business leaders, while improving user experience, productivity and efficiency for employees and customers. Alongside walkthroughs and third-party integration capabilities, our platform can be customized to fit an organization’s needs.

 

Fantasy 360 Technologies Inc. (CSE:VRAR) d/b/a Immersive Tech is an industry leading Virtual Reality (VR) and Augmented Reality (AR) entertainment and attractions manufacturer blending amusement park engineering and video game development into the world's first Immersive Entertainment Platform with the global release of it's flagship hyper-immersive multiplayer VR attraction UNCONTAINED.

 

New stocks added to Mining Stocks Directory:

MineHub Technologies (TSXV:MHUB) is an innovative technology company focused on improving efficiency in the mining and metals supply chain and bringing trust to the management and trading of natural resources. MineHub's core services digitise the key interactions between participants, bringing automation, cost savings, security, ESG and regulatory compliance to a large set of stakeholders. MineHub is the first publicly-traded pure play on an end-to-end digital supply chain solution for the mining and metals industry.

 

Silverstock Metals Inc. (CSE: STK) is engaged in the exploration of its Gold Cutter Property, which is comprised of two contiguous mineral claims totaling approximately 1,821.1 hectares, located in the Omineca Mining Division, British Columbia.

 

Ophir Gold Corp. (TSX: OPHR.V) is a gold exploration company focused on the exploration and development of its flagship property, the past producing Breccia Gold Property located in Lemhi County, Idaho. The Company has an option to earn a 100% interest in the Property over a three-year period from Canagold Resources Ltd. (formerly Canarc Resource Corp.) and DG Resource Management Ltd.

 

New stocks added to Defense Stocks Directory:

FIRST ADVANTAGE CORP (NasdaqGS:FAis a leading global provider of technology solutions for screening, verifications, safety, and compliance related to human capital. The Company delivers innovative solutions and insights that help customers manage risk and hire the best talent. Enabled by its proprietary technology platform, First Advantage’s products and solutions help companies protect their brands and provide safer environments for their customers and their most important resources: employees, contractors, contingent workers, tenants, and drivers. Headquartered in Atlanta, Georgia, First Advantage performs screens in over 200 countries and territories on behalf of its more than 30,000 customers.

 

New stocks added to Real Estate Stocks Directory:

Angel Oak Mortgage, Inc. (NYSE:AOMR) is a real estate finance company focused on acquiring and investing in first lien non-QM loans and other mortgage-related assets in the U.S. mortgage market. The Company’s objective is to generate attractive risk-adjusted returns for its stockholders through cash distributions and capital appreciation across interest rate and credit cycles. The Company is externally managed and advised by an affiliate of Angel Oak Capital Advisors, LLC, which, collectively with its affiliates, is a leading alternative credit manager with a vertically integrated mortgage origination platform.

 

ApartmentLove Inc. (CSE: APLV) principal business is promoting residential rental homes and apartments for rent to prospective renters seeking rental accommodations of generally not less than one calendar year via the internet through operating www.apartmentlove.com and providing promotional services to paying landlords in Canada, the United States, and elsewhere around the world.

 

New stocks added to Cleantech Stocks Directory:

Extreme Vehicle Battery Technologies Corp.(CSE: ACDC) is a blockchain and battery technology company with revolutionary, patented Battery Management Systems (BMS) designed to meet the growing demand for scalable, smart solutions for the rapidly growing Electric Vehicle (EV) and Energy Storage Solution (ESS) markets. The company has committed to assisting global recycling solutions by offering recycling initiatives using their technology to analyze and fully refurbish used batteries.

 

The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.

 

Investors can trade these stocks and other ideas on our site using our list of top stock trading apps including Robinhood, Acorn, Stash and others.

 

About Investorideas.com - News that Inspires Big Investing Ideas

Investorideas.com publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors.  Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns : Crypto Corner , Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast ,  Cleantech and Climate Change , Exploring Mining , Betting on Gaming Stocks Podcast and  the AI Eye Podcast.

 

Learn about investing in stocks and sector trends with our news alerts, articles,  podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea's original branded content includes the following podcasts and columns: Crypto CornerPlay by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate ChangeExploring Mining and the AI Eye.

 

Public companies within the sectors we cover use our news and content services to tell their story to interested investors. Paid for content is disclosed.  

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.

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Friday, June 4, 2021

New stocks in psychedelics (CSE: $MYND.C), defense, green, sports (CSE: $GET.C), health & wellness and plant-based/vegan (CSE: $VEGI.C)

  New #Stocks to Watch at Investor Ideas in Mining (CSE: $PRR.C) (CSE: $BDN.C) (CSE: $GMC.C) (CSE: $PLLR.C) and Tech (Nasdaq: $TSP) (NYSE: $COMP)

 

New stocks in psychedelics (CSE: $MYND.C), defense, green, sports (CSE: $GET.C), health & wellness and plant-based/vegan (CSE: $VEGI.C)

 

 



 

 

 

 

 

 

 

 

 

Point Roberts WA, Delta BC, June 4, 2021 – (Investorideas.com Newswire) Investorideas.com, a global news source and leading retail investor and trader resource, announces its weekly roundup of stocks to watch in psychedelics, tech, defense, green, mining, sports, health & wellness and plant-based/vegan. Today’s stocks have been added to our lists of free stock directories in each sector.

 

Read this in full at https://www.investorideas.com/news/2021/main/06041Stocks.asp

 

Once again, a number of new companies are recent Nasdaq/NYSE Ipo’s.

 

Also new are companies recently listed on the Canadian Stock Exchange (CSE).

 

New Stocks added to Mining Stocks Directory:

Prospect Ridge Resources Corp. (CSE: PRR) is a mineral exploration company engaged in the identification, acquisition and exploration of mineral projects in North America.

 

Baden Resources Inc. (CSE; BDN) is a mineral exploration company focused on the acquisition, exploration and development of mineral properties in Canada and the USA.

 

Gaia Metals Corp. (CSE:GMC) is a mineral exploration company focused on the acquisition and development of mineral projects containing base and precious metals, including platinum group elements, and lithium

 

Forty Pillars Mining Corp. (CSE:PLLR) is a Vancouver, B.C. based mineral exploration company focused on exploring the Silver Dollar Project located in the Greenwood Mining Division, B.C.

 

New Stocks added to Tech Stocks Directory:

TuSimple Holdings Inc. (NasdaqGS:TSP) is a global autonomous driving technology company, headquartered in San Diego, California, with operations in Arizona, Texas, China, Japan and Europe. Founded in 2015, TuSimple is developing a commercial-ready Level 4 (SAE) fully autonomous driving solution for long-haul heavy-duty trucks. TuSimple aims to transform the $4 trillion global truck freight industry through the company's leading proprietary AI technology, which makes it possible for trucks to see 1,000 meters away, operate nearly continuously and consume 10% less fuel than manually driven trucks.

 

Compass, Inc. (NYSE:COMP) is a leading real estate technology company, providing an end-to end platform that empowers its residential real estate agents to deliver exceptional service to seller and buyer clients. The platform includes an integrated suite of cloud-based software for customer relationship management, marketing, client service, brokerage services and other critical functionality, all custom-built for the real estate industry. Compass agents utilize the platform to grow their business, save time and manage their business more effectively 

 

New Stocks added to Psychedelics  Stocks Directory:

MYND Life Sciences Inc. (CSE: MYND) is a leading life sciences company focused on improving mental health. The Company has confirmed access to Health Canada psilocybin research and development through licenses to Chief Science Officer, Dr. Wilfred Jefferies. Patents have been filed based on therapeutic approaches to treat diseases of the Central Nervous System using neuroactive agents including psychedelics and other compounds. Research and development is currently underway.

 

New Stocks added to Defense Stocks Directory:

IDEX Biometrics ASA (NasdaqGS:IDBA) is a leading provider of fingerprint identification technologies offering simple, secure, and personal touch-free authentication for all. We help people make payments, prove their identity, gain access to information, unlock devices, or gain admittance to buildings with the touch of a finger. We invent, engineer, and commercialize these secure, yet incredibly user-friendly solutions. Our total addressable market represents a fast growing multi-billion-unit opportunity.

 

New Stocks added to Green Stocks Directory:

Karat Packaging Inc.(NasdaqGS:KRT) is a specialty distributor and manufacturer of a wide range of environmentally friendly, disposable foodservice products and related items, primarily used by national and regional restaurants and in foodservice settings throughout the United States. Its products include food and take-out containers, bags, tableware, cups, lids, cutlery, straws, specialty beverage ingredients, equipment, gloves and other products. The Company’s eco-friendly Karat Earth® line offers quality, sustainably focused products that are made from renewable resources. Karat Packaging also offers customized solutions, including new product development and design, printing, and logistics services.

 

New Stocks Added to Sports Stocks Directory:

GameOn Entertainment Technologies Inc. (CSE:GET) empowers sports and entertainment content-providers - broadcasters, TV networks, leagues and teams - with the world's most accessible and rewarding shared-viewing experiences via gamification, collectibles and other innovative technologies. On our team and board include leaders from EA Sports, Take-Two Interactive, Comcast, Dapper Labs and the Brooklyn Nets.

 

New Stocks added to Health & Wellness Stock Directory:

Element Nutritional Sciences Inc. (CSE: ELMT) is an innovative and research driven Canadian nutraceutical company specializing in the development of science­ based products for the global consumer packaged goods market, with a portfolio focused specifically on men and women over the age of 50. Element’s lead product, Rejuvenate, is a proprietary formulation that is clinically proven to assist in the rebuilding, restoration and rejuvenation of natural loss of muscle mass due to aging or other medical conditions. Element also offers JAKTRX, an elite brand of performance supplements. Element was founded in 2015 and is located in Burlington, Ontario.

 

New Stocks added to Plant-based/Vegan Stock Directory:

Boosh Plant-Based Brands Inc. (CSE: VEGI) is a Canadian company bringing fast and convenient plant-based comfort foods to the whole family. Boosh believes that going plant-based doesn’t mean you need to give up your favourite foods or flavour.

 

The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.

 

Investors can trade these stocks and other ideas on our site using our list of top stock trading apps including Robinhood, Acorn, Stash and others.

 

About Investorideas.com - News that Inspires Big Investing Ideas

Investorideas.com publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors.  Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns : Crypto Corner , Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast ,  Cleantech and Climate Change , Exploring Mining , Betting on Gaming Stocks Podcast and  the AI Eye Podcast.

 

Learn about investing in stocks and sector trends with our news alerts, articles,  podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea's original branded content includes the following podcasts and columns: Crypto CornerPlay by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate ChangeExploring Mining and the AI Eye.

 

Public companies within the sectors we cover use our news and content services to tell their story to interested investors. Paid for content is disclosed.  

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.

More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

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Monday, May 24, 2021

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Thursday, May 13, 2021

#AI #Stock News - GBT (OTC: $GTCH) is integrating xCalibre Image Analysis To Work With Its Long-Range Radio System; #ArtificialIntelligence

 #AI #Stock News - GBT (OTC: $GTCH) is integrating xCalibre Image Analysis To Work With Its Long-Range Radio System; #ArtificialIntelligence

 

Potentially Enabling Around The Globe Intelligent Surveillance And Image Analysis

 

 


San Diego, CA, May 13, 2021 - (Investorideas.com Newswire) GBT Technologies Inc(OTC PINK: GTCH) ("GBT”, or the “Company”), is integrating its xCalibre image analysis into its long range radio Infinia system. GBT’s xCalibre (internal project name) is an advanced, real-time, image analysis and recognition conceptual system. Upon full development, xCalibre is intended to offer smart detection and recognition functions with CCTV (Closed Circuit TV) cameras, recorded videos and images. xCalibre is intended to make it possible to collect and analyze information in real-time, identify humans and objects. The system will be based on GBT’s AI technology and is intended to be able to identify persons-of-interest and/or specific objects. xCalibre’s goal is to identify humans, with or without facial and body covers, and concealed objects of interest. The system will include an advanced cybersecurity protocol to keep all data secured and is based on the company’s recent filed image recognition patent.

 

Read this news, featuring GTCH in full at https://www.investorideas.com/CO/GOPH/news/2021/05131xCalibre-Image-Analysis.asp

 

The Infinia project (internal project name) – is an on-going development, a high performance, fully integrated, radio transceiver system that is ideally suited for applications that require long range data and audio communication and network robustness. In order to support xCalibre real-time image analysis, Infinia is designed to deliver a high GBPS (Gigabytes per Second) bandwidth, with ultra-low latency (Processing a very high volume of data messages with minimal delay), very similar to 5G networks. GBT intends to integrate the two systems together to enable real-time image recognition and analysis for remote locations. The Infinia is targeted to support surveillance cameras to transmit video and audio signals via radio waves technology to xCalibre system that will be processing the data, and performing image recognition from anywhere around the world. GBT believes that this can open new business horizons, enabling intelligent surveillance and imaging analysis anywhere around the globe.

 

There is no guarantee that the Company will be successful in researching, developing or implementing this system.  In order to successfully implement this concept, the Company will need to raise adequate capital to support its research and, if successfully researched, developed and granted regulatory approval, the Company would need to enter into a strategic relationship with a third party that has experience in manufacturing, selling and distributing this product.  There is no guarantee that the Company will be successful in any or all of these critical steps. 

 

About Us

GBT Technologies, Inc. (OTC PINK: GTCH) (“GBT”) (http://gbtti.com) is a development stage company which considers itself a native of Internet of Things (IoT), Artificial Intelligence (AI) and Enabled Mobile Technology Platforms used to increase IC performance. GBT has assembled a team with extensive technology expertise and is building an intellectual property portfolio consisting of many patents. GBT’s mission, to license the technology and IP to synergetic partners in the areas of hardware and software. Once commercialized, it is GBT’s goal to have a suite of products including smart microchips, AI, encryption, Blockchain, IC design, mobile security applications, database management protocols, with tracking and supporting cloud software (without the need for GPS). GBT envisions this system as a creation of a global mesh network using advanced nodes and super performing new generation IC technology. The core of the system will be its advanced microchip technology; technology that can be installed in any mobile or fixed device worldwide. GBT’s vision is to produce this system as a low cost, secure, private-mesh-network between any and all enabled devices. Thus, providing shared processing, advanced mobile database management and sharing while using these enhanced mobile features as an alternative to traditional carrier services.


Forward-Looking Statements

Certain statements contained in this press release may constitute "forward-looking statements".  Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website ( http://www.sec.gov).  In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, governmental and public policy changes, the Company’s ability to raise capital on acceptable terms, if at all, the Company’s successful development of its products and the integration into its existing products and the commercial acceptance of the Company’s products.  The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change.  However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so.  These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.

 

Contact:

Dr. Danny Rittman, CTO
press@gopherprotocol.com

 

GBT Technologies Inc. (OTCQB:GTCH) is a featured tech stock on

Investorideas.com

 

More info on GTCH at Investorideas.com Visit: https://www.investorideas.com/CO/GOPH/

 

Get News Alerts on GBT Technologies Inc GTCH

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure: GTCH is a PR, social media and publishing client and compensates Investorideas.com https://www.investorideas.com/About/News/Clientspecifics.asp Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com  Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 


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Friday, April 23, 2021

HomelandDefenseStocks.com Q&A Interview with Scott Sacknoff, SPADE Defense Index ( $DXS)

HomelandDefenseStocks.com Q&A Interview with Scott Sacknoff, SPADE Defense Index ( $DXS) 

 


 

 


Point Roberts, WA and Delta, BC – April 23, 2021 (Investorideas.com Newswire) Investorideas.com, a global news source and leading investor resource releases an exclusive Q&A interview through its defense portal HomelandDefenseStocks.com.

 

Scott Sacknoff, manager of the SPADE Defense Index (DXS), an investment benchmark for companies involved with the defense, homeland security, aerospace, and government space markets, discusses recent developments in the sector.

 

Read this in full at https://www.investorideas.com/news/2021/defense/04231Interview-Scott-Sacknoff-SPADE.asp

 

Q&A Interview: HomelandDefenseStocks.com (HDS) Scott Sacknoff

 

The following is a transcript of an interview that took place on 21 April 2021 between

InvestorIdeas.com and Scott Sacknoff (manager of the SPADE Defense Index)

Re-distribution, excerpts, and citation are permitted.

 

InvestorIdeas.com:  The White House has announced its topline budget for the Department of Defense for fiscal year 2022. With us today to discuss the defense sector and topics of interest to investors in the sector is Scott Sacknoff, manager of the SPADE Defense Index—an investment benchmark for companies involved with the defense, homeland security, aerospace, and government space markets. To begin with, President Biden’s call for a national security budget of $753 billion.  How does this compare with prior years?

 

Scott Sacknoff: Overall it is a 1.7 percent increase over the FY21 enacted level. This includes the budget for the Pentagon as well as Department of Energy nuclear programs and other defense related activities outside of the DoD.  Of this total, $715 billion is directed to the Pentagon, a 1.6 percent increase over the FY21 enacted level of $703.7 billion. The goal of the White House at this time appears to be striking a balance between progressives on Capitol Hill calling for reduced budgets and defense hawks seeking a 3-5% annual gain to cover inflation. Overall, it is slightly more than the flat budget many expected. 

 

 

InvestorIdeas.com:  Only a top line number was released. When should we expect details?  

 

Scott Sacknoff:  When there is no change in an administration, a full detailed budget request is typically released in February by the White House. When an administration changes control, a delay is common.  We anticipate seeing something in May or early June. A new team can only change so much in a compressed timeline.

 

 

 

InvestorIdeas.com:  The Pentagon, NASA, and other agencies typically provide a five-year outlook on its spending as part of the budget release. Will that be published as well? 

 

Scott Sacknoff:  It is doubtful that what is known as the Future Years Defense Program (FYDP) projections will be completed in time. The Biden Administration will likely want to put its own stamp on defense strategy and will seek to shift the budgets accordingly. The impact of any changes won’t really be felt until FY23. 

 

 

InvestorIdeas.com:  Are there any other factors influencing FY23 and beyond?

 

Scott Sacknoff:  There will undoubtably be debates regarding the budget and the deficit, first with increasing the debt cap later this year and then with the FY23 budget expected next February.  For the past several years, Congress has been operating under the Budget Control Act restrictions. With the expiration of the BCA, Biden has stated that he wants to boost nondefense spending by 16% to $769B, which they state is 3.3% of the US GDP, roughly equal to the 30-year average. How this impacts defense spending at this time is not really known. A growing economy over the next 12 months or a rise in global conflicts post-COVID could dampen any impact. 

 

 

InvestorIdeas.com:  Which areas of defense will likely benefit?

 

Scott Sacknoff: General Mark Milley, the chairman of the Joint Chiefs of Staff, has advocated for “heavy investment” in sea, air, and space-centric platforms. The Administration stated it will prioritize R&D spending to drive innovation and develop next-generation capabilities. Based on comments, shipbuilding including next-generation attack submarines, remotely piloted vehicles and drones, the B-21 bomber, and space systems are likely to benefit. New investments, such as DARPA’s LongShot program or a recent hint to a next-generation fighter aircraft platform, are likely to emerge.

 

 

InvestorIdeas.com:  Which areas will be negatively impacted?

 

Scott Sacknoff: To pay for the above, the Pentagon will likely redirect resources from legacy programs and reduce the current size of the Army. Additionally, while spending on nuclear missile modernization under the Ground Based Strategic Deterrent program (the replacement for our ICBMs) will rise dramatically over the coming decade, a restructuring to free up capital is likely to occur. 

 

 

InvestorIdeas.com:  How does the elimination of the Overseas Contingency Operations budget line-item impact firms? 

 

Scott Sacknoff:  It really doesn’t. The OCO was created to cover unforeseen costs in the war on terror and to bypass the Budget Control Act spending limits, since war spending wasn’t subject to the cap. OCO spending has declined significantly in recent years and will be integrated into the base defense budget.

 

 

InvestorIdeas.com:  Any other insights from the budget release?

 

Scott Sacknoff:  The document specifically states that the top challenge of the DoD is to counter the threat from China and deter “destabilizing behavior by Russia.”  Additionally, it mentioned that the Pentagon will likely play an increased role in, “programs that support biological threat reduction in cooperation with global partners, emerging infectious disease surveillance, biosafety and biosecurity, and medical countermeasure research and development.”

 

 

InvestorIdeas.com:  In your most recent SPADE Investor newsletter, which is available for free on your website, you mentioned that an important growth area for defense firms has been international sales. And that it is important to see what policy the White House takes in this area.

 

Scott Sacknoff:  For a number of firms, sales to nations outside the United States, its strategic partners and others, represents significant revenues and is highly profitable. There was a question about how this new Administration would handle these requests, which many times can require DoD, Department of State, White House, and/or Congressional approval. In late March, the administration approved a number of smaller deals to NATO, Jordan, and Chile while restricting purchases of weapons by Saudi Arabia, due to its involvement with the assassination of an American journalist and publicized atrocities in its war with Yemen. So, it remained unclear what direction the White House would go—activist or more free market. This appears to have been clarified when, in mid-April, the White House gave its blessing to a $23.3 billion arms sale to the UAE that many believed would be canceled or at least significantly delayed.

 

 

InvestorIdeas.com:  Before we conclude, how did the sector perform in the first quarter or 2021?

 

Scott Sacknoff:  The SPADE Defense Index gained 7.12%, outperforming the S&P500 which gained 5.77%.  And in early April, the Index once again hit historic highs. 

 

 

InvestorIdeas.com:  Thank you for taking the time to update us on the sector. For more information about the SPADE Defense Index, please visit spadeindex.com/defense.  To learn more about the Invesco Aerospace and Defense ETF (NYSE: PPA) that tracks this benchmark, please visit the Invesco website.

 

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Disclosures

 

SPADE Indexes LLC is the owner of the trademarks, service marks, and copyrights related to the SPADE Indexes.

 

This interview does not constitute an offer of an investment product. SPADE Indexes makes no representation regarding the advisability of investing in vehicles based on any of its indexes including the SPADE Defense Index. All information is provided ‘as is’, for information purposes only, and is not intended for trading purposes or advice. Neither SPADE Indexes nor any related party is liable for any informational errors, incompleteness, or for any actions taken based on the information contained herein. For additional disclosures and disclaimers, please visit the SPADE Indexes website at: http://spadeindex.com/about-spade-indxes/legal-and-disclaimers/

 

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