News Formal

DOGE coming: Beware these stocks that get the most revenue from the government

  • 📰 CNBC
  • ⏱ Reading Time:
  • 18 sec. here
  • 13 min. at publisher
  • 📊 Quality Score:
  • News: 48%
  • Publisher: 72%

Investment Strategy Notícia

Stock Markets,Leidos Holdings Inc,Northrop Grumman Corp

TD Cowen identified government contractors with the highest amount of dollars obligated in fiscal year 2023, both overall and by individual federal department.

Investors should be wary of the impacts several companies may bear from the cost-cutting goals of President-elect Donald Trump's Department of Government Efficiency, or DOGE, according to TD Cowen. "The announcement of DOGE has led to concerns about future revenue and profitability of USG contractors," analyst Roman Schweizer said in a Friday note to clients.

In an effort to find companies that have the most at stake under potential DOGE actions, TD Cowen identified the publicly traded government contractors with the highest amount of dollars obligated in fiscal year 2023, both overall and by individual federal department. Take a look at the names below: The top defense contractors for the U.S.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 12. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Beware these stocks that rely on government spending if Musk’s DOGE threatens budgetsMorgan Stanley's trading desk found stocks that are closely tied to government spending.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »