With respect, it’s also about who receives the money.
RTX makes the Tomahawk.
In 2016, the stock was at 59. Now it’s at almost 200. A return of 338%. That’s about the same rate of return as the S&P 500 in the same timeframe. The difference being, the worst performing stocks in the S&P are regularly swapped out.
So, yeah, these guys are pretty much a sure bet to make money.
It’s not about who receives the money, it’s about where that money would have went if it wasn’t put in the missile.
With respect, it’s also about who receives the money.
RTX makes the Tomahawk.
In 2016, the stock was at 59. Now it’s at almost 200. A return of 338%. That’s about the same rate of return as the S&P 500 in the same timeframe. The difference being, the worst performing stocks in the S&P are regularly swapped out.
So, yeah, these guys are pretty much a sure bet to make money.