Since it's been one year on since the Gaza War started, I decided to look at some defense stocks to see how profitable the genocide machine has actually been. Overall, it seems pretty profitable for the companies with relevant weapons and supplies for the war at this stage, but if I was a vampire capitalist and just threw my money into defense as soon as I thought war demand was coming I'd be pretty disappointed at the outcome so far. One year in NVIDIA outperforms all of them by a ton, and the S&P 500 keeps pace in the middle of the pack.
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Raytheon (+70.05% 1 YR) is the best performer by far. It makes sense since the Iron Dome missiles are made by them. They are making a whole new facility in Arkansas for the purpose of making more of these things that won't be online until 2025, apparently. Whose to say whether the entity known as Israel will even last that long but hey, that just means money in Raytheon's pockets.
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Caterpillar (+47.03% 1 YR) a construction company that makes bulldozers for the IOF, so it's part of the genocide machine obvs. Recently they've been downgraded by Morgan Stanley so we'll see if this keeps up.
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L3Harris Technologies (+39.97% 1 YR) military helicopters and aircraft electronics. Great year for them, Oct 7 represents the bottom of a 2 year losing streak for them.
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Lockheed Martin (+38.14% 1 YR) has a sudden jolt right around the time the US authorized the production of more F-35s. It also happens to be the week where Netanyahu visited the US Congress. Below I have a photo of other companies that have a little jolt around that time as well.
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General Dynamics (+23.92% 1 YR) naval and communications. The stock seems to have been doing well before Oct 7 though so IDK.
And some losers...
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Boeing (-19.49% 1 YR) you know why. But you could have sold when the news was still breaking and done well for yourself.
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Elbit Systems (-0.56% 1 YR) they make drones and they made the Gaza wall defense towers that got owned on Oct 7. Israel doesn't care for defending its citizens right now because genocide but they seem to be pivoting towards the genocide business judging by the swing towards profitability recently.
https://old.reddit.com/r/politics/comments/1gl4gib/young_latino_men_flipped_to_trump_5444_over_harris/
The comments sections always finds who to blame.