07-09-2020, 01:14 PM
(This post was last modified: 07-09-2020, 01:14 PM by Dividendwayfarer.)
Added on SO & DUK.
I would be cautious about adding companies that do business in the aerospace industry, particularly the commercial side. I am actually working in the aerospace industry and my company (a fortunate 500) just laid off a ton of people (don’t have the exact number but likely around 50-60%) in the aerospace division as the business prospects aren’t good. On the flip side, this may be the best opportunity to pick something up cheap.
I would be cautious about adding companies that do business in the aerospace industry, particularly the commercial side. I am actually working in the aerospace industry and my company (a fortunate 500) just laid off a ton of people (don’t have the exact number but likely around 50-60%) in the aerospace division as the business prospects aren’t good. On the flip side, this may be the best opportunity to pick something up cheap.