Latest news with #TimUrbanowicz
Yahoo
5 days ago
- Automotive
- Yahoo
How successful was Tesla's robotaxi launch?
Tesla (TSLA) stock is trading higher after the electric vehicle (EV) pioneer's robotaxi launch event in Austin on Sunday. Yahoo Finance Executive Editor Brian Sozzi and Yahoo Finance anchor Julie Hyman chat with Washington Crossing Advisors senior portfolio manager Chad Morganlander and Innovator ETFs chief investment strategist Tim Urbanowicz about the event and what it means for Tesla investors. To watch more expert insights and analysis on the latest market action, check out more Opening Bid here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Business
- Yahoo
Trump has put defense stocks back in play, Wall Street pros say
Defense contractor stocks may help protect your portfolio from a summer of geopolitical risks. "I think using an ETF like an Invesco Aerospace & Defense (PPA) that gets you broad exposure probably makes a lot of sense here, especially when you think about this reconciliation bill that's coming out," Innovator ETFs chief investment strategist Tim Urbanowicz said on Yahoo Finance's Opening Bid (video above). "You're looking at an additional $150 billion in defense spending. You pair that with looking at this conflict. What's going on in Russia and Ukraine defense spending is not going down. It's not going down in the US. It's not going down globally." Top holdings in the Invesco Aerospace & Defense ETF include GE Aerospace (GE), Boeing (BA), Lockheed Martin (LMT), RTX Corporation (RTX), and Northrop Grumman (NOC). Investors are paying careful attention to escalating tensions in the Middle East after President Trump confirmed the US launched a surprise strike on Iran's nuclear sites late Saturday. The situation remained contentious on Monday, with Iran promising retaliation for the US strikes. Israel and Iran continued to exchange fire. Oil prices sustained their upward march amid fear of supply disruption from the Strait of Hormuz. The price of oil is up 14% since Israel's June 12 attack on Iran. Markets, surprisingly, have taken the news in stride. The Dow Jones Industrial (^DJI), S&P 500 (^GSPC), and Nasdaq Composite (^IXIC) all clung onto gains through midmorning. But some of the strongest gains in markets today have come from defense stocks such as Lockheed Martin and Northrop Grumman. Shares of Lockheed Martin and Northrop Grumman advanced nearly 2% each — the companies' ticker pages were among the most active on Yahoo Finance. Northrop Grumman is gathering extra attention as it makes the B-2 stealth bomber used in the US attack on Iran's nuclear facilities. The B-2 program accounts for about $500 million in annual revenue for Northrop Grumman, or 2% of its business, estimated Jefferies analyst Sheila Kahyaoglu. "Escalating global conflict translates to defense stock out-performance," Kahyaoglu said. Washington Crossing Advisors senior portfolio manager Chad Morganlander said on Opening Bid that the new conflict only emboldens his longtime bullish call on Lockheed Martin. Morganlander says he has owned the stock for close to three years and expects strong revenue growth over the next five years. "Although Northrop is a wonderful company, and it's growing profitably and is well capitalized, we thought from the valuation perspective that Lockheed was more attractive," Morganlander explained. "It's sitting at a 2026 PE multiple of roughly 15 times. It has not had the big multiple expansion like their competitors. And we believe that there's a stream of opportunity as there's been an overhang of uncertainty regarding the F-16 or the F-22 fighter jets." Brian Sozzi is Yahoo Finance's Executive Editor and a member of Yahoo Finance's editorial leadership team. Follow Sozzi on X @BrianSozzi, Instagram, and LinkedIn. Tips on stories? Email Click here for in-depth analysis of the latest stock market news and events moving stock prices Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNBC
16-06-2025
- Business
- CNBC
Escalation between Israel & Iran adds fuel to inflation narrative, says Innovator ETFs' Urbanowicz
Tony Roth, Wilmington Trust Investment Advisors CIO, and Tim Urbanowicz, Innovator ETFs chief investment strategist, joins 'Closing Bell Overtime' to talk the day's market action.
Yahoo
08-04-2025
- Business
- Yahoo
Buffer ETFs Add Nearly $400 Million in Assets as Stocks Drop
Investors piled into ETFs that impose limits on both gains and declines as they sought to shield their assets during the recent market tailspin. Flows into so-called buffer funds jumped to $393 million last week, according to Morningstar data, as investors prepared for the impact of President Donald Trump's tariffs. That compares with flows of $206.1 million in the previous week. Asset managers are offering more buffered ETFs, which are proving popular with investors wishing to reduce volatility in their portfolios without exiting stocks completely. Through the use of derivatives like options, the funds limit gains and losses. Innovator ETFs, the world's biggest fund issuer, said on Friday, April 4, that trading volume surged to around $850 million as investors sought to limit losses while the global trade war battered markets. 'Investors don't know where to turn when it comes to tariffs and their impact on equities,' Innovator Chief Investment Strategist Tim Urbanowicz, CFA, said in an emailed statement. 'With some much-continued uncertainty around retaliation, product specific tariffs and legal challenges to reciprocal tariffs, investors are pouring into buffer ETFs for stability.' Source: data Goldman Sachs Group Inc. (GS) recently issued a line of buffer, or defined outcome, ETFs. Nicknamed 'boomer candy' thanks to their appeal to investors in or near retirement, buffer ETFs have garnered roughly $53 billion in total assets, up from $200 million in 2018. Market downturns like during the pandemic and 2022 bear markets have helped boost the popularity of the funds, Morningstar analyst Zachary Evens said. Broad S&P 500 ETFs like the Vanguard S&P 500 ETF (VOO) briefly entered bear market territory this week. 'Investors are really attracted to the guardrails they provide,' he said. 'When markets go down, they gravitate toward them.' Evens noted that the category often pulls in most of its flows at the beginning of a month. He said that while last week's surge may not be an anomaly, investors increasingly gravitate toward the funds when markets get | © Copyright 2025 All rights reserved
Yahoo
08-04-2025
- Business
- Yahoo
Buffer ETFs Add Nearly $400 Million in Assets as Stocks Drop
Investors piled into ETFs that impose limits on both gains and declines as they sought to shield their assets during the recent market tailspin. Flows into so-called buffer funds jumped to $393 million last week, according to Morningstar data, as investors prepared for the impact of President Donald Trump's tariffs. That compares with flows of $206.1 million in the previous week. Asset managers are offering more buffered ETFs, which are proving popular with investors wishing to reduce volatility in their portfolios without exiting stocks completely. Through the use of derivatives like options, the funds limit gains and losses. Innovator ETFs, the world's biggest fund issuer, said on Friday, April 4, that trading volume surged to around $850 million as investors sought to limit losses while the global trade war battered markets. 'Investors don't know where to turn when it comes to tariffs and their impact on equities,' Innovator Chief Investment Strategist Tim Urbanowicz, CFA, said in an emailed statement. 'With some much-continued uncertainty around retaliation, product specific tariffs and legal challenges to reciprocal tariffs, investors are pouring into buffer ETFs for stability.' Source: data Goldman Sachs Group Inc. (GS) recently issued a line of buffer, or defined outcome, ETFs. Nicknamed 'boomer candy' thanks to their appeal to investors in or near retirement, buffer ETFs have garnered roughly $53 billion in total assets, up from $200 million in 2018. Market downturns like during the pandemic and 2022 bear markets have helped boost the popularity of the funds, Morningstar analyst Zachary Evens said. Broad S&P 500 ETFs like the Vanguard S&P 500 ETF (VOO) briefly entered bear market territory this week. 'Investors are really attracted to the guardrails they provide,' he said. 'When markets go down, they gravitate toward them.' Evens noted that the category often pulls in most of its flows at the beginning of a month. He said that while last week's surge may not be an anomaly, investors increasingly gravitate toward the funds when markets get | © Copyright 2025 All rights reserved Sign in to access your portfolio
