The top five holdings of this defense fund are: Boeing Co (BA, 20.27%); Northrop Grumman Corp (NOC, 11.93%); General Dynamics Corp (GD, 9.19%); TransDigm Group Inc (TDG, 6.27%); and Spirit AeroSystems Holdings Inc (SPR, 4.99%).
Fidelity Select Defense & Aero Port (FSDAX)
From Forecasts & Strategies
The economy is picking up steam, as business spending soared in the last half of 2018. The economy grew at almost all stages of production. This is very positive for the stock market. I continue to be fully invested, despite occasional downturns in the market.
After underperforming last year, our mutual funds are staging a strong comeback. Fidelity Select Defense & Aero Port (FSDAX) rallied sharply after President Trump’s call for more military spending at his annual State of the Union address.
Mark Skousen, Forecasts & Strategies, www.markskousen.com, Eagle Financial, 300 New Jersey Ave. NW, Suite 500, Washington, D.C. 20001, March 2001