RTX a defense contractor large cap LONGRTX has earnings on April 23rd. It has been on a good trend higher since the last earnings. The
Russian war means US defense contractors will be in a growth mode for the intermediate
future. Depleted stores of weapons systems need to be replenished. Pieces and parts are
needed for damaged systems in need of maintenance. I see RTX and others such as GD and
LMT as good long-term trades or investments. Smaller companies in the areas of robotics and
drones may be worth a look. RTX is at its all-time high but it seems much higher is in its future.
Militarycontracts
ENVX - ARMY Contract Maybe Undervalued* Meant to put this on the ENOVIX thread*
A Couple things to note is Enovix has been on a steady rise and has had bullish catalyst released. It's on the hook to hit the next leg. Lame pun for the Hook showing on the chart pattern
" Enovix said the agreement moves the program toward full volume production. The cells will be used to build pre-production CWB packs.
The advanced silicon battery company said the deal is for it to produce commercial cells for use within U.S. Army soldier's central power source, called the Conformal Wearable Battery.
" - MarketBeat
This launched the stock price to $19 ON JULY 6TH.
SPY being on an extreme bull run and new 52 week high ENVX following a similar pattern.
ENVX, RSI on close to oversold, Williams showing the stock is curling. ENVX is currently aligned with SPY and have the same exact pattern It may run up with SPY so long as it remains bullish.
I Expect it to touch at least $25 but theres a lot of turbulence up there as thats where it's been consolidating in the past. General consensus PT is $38.
ENVX has an average rating of buy and price targets ranging from $15 to $100, according to analysts polled by Capital IQ.
Trade Responsible,
#TradeTheWave
ENVX - Army Swiss Knife X FactorA Couple things to note is Enovix has been on a steady rise and has had bullish catalyst released. It's on the hook to hit the next leg. Lame pun for the Hook showing on the chart pattern
"The advanced silicon battery company said the deal is for it to produce commercial cells for use within U.S. Army soldier's central power source, called the Conformal Wearable Battery.
Enovix said the agreement moves the program toward full volume production. The cells will be used to build pre-production CWB packs." - MarketBeat
This launched the stock price to $19 ON JULY 6TH.
It helps that spy has been pumping making new highs. I feel it will rise in the next few weeks with spy being on an extreme bull run and ENVX following a similar pattern.
ENVX, RSI on close to oversold, Williams showing the stock is curling. ENVX is currently aligned with SPY and have the same exact pattern It may run up with SPY so long as it remains bullish.
Expect it to touch at least $25 but theres a lot of turbulance up there as thats where it's been consolidating in the past. General consensus PT is $38. Others have placed as high as $100.
has an average rating of buy and price targets ranging from $15 to $100, according to analysts polled by Capital IQ.
Trade Responsible,
#TradeTheWave
$GMPR Huge Restaurant Acquis/Military Contracts/Retail ExpanCorporate Update Highlights:
1.Finalize the pre audits, audited financials with M&K CPAS, PLLC to finish the necessary financial statements for uplisting to NASDAQ.
2. Hire fulltime CFO
3. Acquisition of Black Rock Bar & Grill which was voted the #1 Steakhouse in Michigan 3 years in a row!
4. Pizza Fusion deal with US Military. Thier Gourmet Gluten-Free Frozen Pizzas in 150+ grocery stores, in 5 different states, through two food distributors Gia Russa & McAneny Brothers.
In March GMPR was 1 of 22 companies invited to the DeCA Arm Forces Food Service Military Show in Petersburg, VA. The US Military Food Service decision makers attended the show, sampled, loved and approved our Pizza Fusion’s Founders Pie for the US troops in Kuwait.
We have been told we have been approved to feed 36,000 US Troops based in Kuwait for two lunches and one dinner per week and all events and parties.
5. Cousin T’s expansion into retail and introduction of new products; Jose Madrid Salsa into food distributor McAneny Foods; PopsyCakes partnered with $16 million Chocolate company in Pittsburgh.
Gourmet Provisions International signed a distribution partnership with comedian Terrence K. Williams and launched his Gourmet line of Pancake mix under Williams’ custom brand Cousin T’s. in October 2021.
In early 2021 GMPR partnered with Williams to help create and launch a Gourmet line of food products starting with his own personal line of Gourmet Pancake Mix & Syrup all under his custom brand, ‘Cousin T’s’
www.CousinTs.com
www.globenewswire.com
There's no reason for it to be down here this low imo, huge moves should be coming here.