To The Moon

The "presidential basket" is waking back up for round two.

Source? $Intel(INTC)$ ran 50% in the last 2 weeks...

If this gov't backed theme continues to heat back up, most direct beneficiaries are:

• Semiconductors

• Drones

• Rare Earths

• More in depth:

• Semiconductors:

$INTC (gov’t-backed funding + strategic priority)

$Taiwan Semiconductor Manufacturing(TSM)$ (Arizona fab heavily subsidized by U.S. gov’t)

Drones (“drone dominance” push):

$Ondas Holdings Inc.(ONDS)$ ($20M border protection PO)

$Red Cat Holdings Inc.(RCAT)$ (army SRR contract + exposure to $1.1B program)

$Kratos Defense & Security Solutions(KTOS)$ (pentagon drone programs, early phases)

Rare earths (supply chain reshoring):

$USA Rare Earth Inc.(USAR)$ (gov’t equity stake ~10%)

$CRITICAL METALS CORPORATION(CRML)$ (~10% gov’t stake)

$MP Materials Corp.(MP)$ (DoD-backed, strategic asset)

$Lithium Americas Corp.(LAC)$ (DoE equity stake ~5%)

$Trilogy Metals(TMQ)$ (DoD support)

Not an exhaustive list, but after INTC's recent run, some of these are on my radar again.

In terms of relative strength YTD, the top 3 are:

1) INTC +69%

2) RCAT +56%

3) USAR+35%

Fwiw.

Watching these 3 "government exposure" baskets.