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Gabelli Commercial Aerospace & Defense ETF (GCAD)

34.80

+0.37

(+1.08%)

At close: December 24 at 12:58:59 PM EST

Boeing 2025 recovery depends on production reform: Portfolio mgr.

To discuss Boeing's (BA) growth prospects for 2025, Gabelli Funds Portfolio Manager Tony Bancroft — who oversees the Gabelli Commercial Aerospace and Defense ETF (GCAD) — joins anchors Brad Smith and Seana Smith on Catalysts. Bancroft emphasizes that Boeing's priorities should lie in restoring safe and efficient production operations. "I think as long as you're seeing the trajectory going positive, that's gonna be a good sign for Boeing," he tells Yahoo Finance, identifying this as a key to the company's stock recovery in 2025. Analyzing Boeing's business divisions, Bancroft highlights the aircraft manufacturer's strong competitive advantage in defense manufacturing, specifically citing the Boeing KC-46 Pegasus and P-8A anti-submarine aircraft. However, he notes that Boeing lacks similar advantages in its space program. Regarding the company's various initiatives, Bancroft suggests Boeing needs to critically evaluate its portfolio, asking "What's the profitability of this program?" Watch the video above for Bancroft's outlook on the impact of the upcoming Trump administration's policies on the aircraft maker. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Angel Smith

Yahoo Finance Video yesterday

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How to play the defense sector: Boeing, Lockheed Martin, RTX

Amid ongoing geopolitical tensions and President-elect Donald Trump's upcoming second term in the White House, Gabelli Funds portfolio manager and aerospace and defense analyst Tony Bancroft joins Julie Hyman and Josh Lipton on Market Domination to discuss how to play the defense sector. "Overall, the US and the new administration probably still wants to retain its stature as the world's superpower," Bancroft says, adding, "I know that there's been a lot of discussion with the DOGE and cutting costs [and] federal spending. But I think the industry is a relatively an oligopoly," Bancroft says. "There's going to be definitely a friction [between the federal government and defense contractors] and there's going to be negotiations on both sides. But I think the defense industry will probably do well in the long run," he adds. Bancroft names Boeing (BA) as one of the top holdings of Gabelli's Aerospace and Defense ETF (GCAD) and says the fund likes Northrop Grumman (NOC), Lockheed Martin (LMT), and RTX Corp (RTX), formerly known as formerly Raytheon Technologies Corporation. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Naomi Buchanan.

Yahoo Finance Video last month

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Boeing could lose $100M per day of strike: Portfolio manager

As 33,000 Boeing (BA) union workers take to the picket line and go on strike, rating agencies warn that a prolonged strike could result in a downgrade for the company. Gabelli Funds portfolio manager Tony Bancroft joins Market Domination hosts Julie Hyman and Josh Lipton to discuss what the strike means for the company and its investors. “We continue to believe in the secular thesis of the growth story of commercial aerospace and Boeing being, you know, a large participant in that,” Bancroft says. “In the near term, there's a lot of volatility going on right now,” since “this strike has made it unclear of the timeline to get the production rates back,” but in Bancroft’s view, the portfolio manager tells Yahoo Finance this event will be "more of a blip." While it’s difficult to measure the exact financial impact of the strike, Bancroft estimates the work stoppage will result in a loss of around $100 million for the company per day of the strike. “The best thing they can do right now is get the production in line and start that growing again.” The “Machinist Union makes great planes, Boeing makes great planes,” and “the airlines in the commercial aerospace industry need these planes," Bancroft lays out. The Boeing workers are represented by the International Association of Machinists (IAM) union, Districts 751 and W24. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Naomi Buchanan.

Yahoo Finance Video 3 months ago

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S&P 500 and Nasdaq, Boeing, recession warnings: Market Domination Overtime

All three of the major US stock market indexes (^GSPC, ^DJI, ^IXIC) all closed Tuesday's session in the green in the middle of this holiday-shortened trading week. The S&P 500 and Nasdaq Composite continue to add to the growing list of record highs in 2024. Outgoing Boeing CEO David Calhoun (BA) testified before a US Senate panel addressing safety concerns within the company. Calhoun stood before families of victims from previous incidents involving Boeing and apologized to them directly. For more expert insight and the latest market action, click here. This post was written by Nicholas Jacobino

Yahoo Finance Video 6 months ago

^GSPC

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^DJI

Return	GCAD	Category
YTD	+21.61%	+21.92%
1-Year	+22.09%	+32.02%
3-Year	0.00%	+10.00%

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Gabelli Commercial Aerospace & Defense ETF (GCAD)

Boeing 2025 recovery depends on production reform: Portfolio mgr.

How to play the defense sector: Boeing, Lockheed Martin, RTX

Boeing could lose $100M per day of strike: Portfolio manager

S&P 500 and Nasdaq, Boeing, recession warnings: Market Domination Overtime

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