2 Buy-Rated Cathie Wood Stocks To Add To Your Portfolio

LMT’s strong fundamentals are reflected in its POWR Ratings. The stock has an overall grade of B, which equates to a Buy rating in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.

The stock has a B grade for Value, Stability, Quality, and Sentiment. To see additional grades for LMT (Growth and Momentum), click here.

LMT is ranked #6 out of 63 stocks in the Air/Defense Services industry.

Deere & Company

DE manufactures and distributes equipment used in agriculture, construction, forestry, and turf care. It also offers wholesale financing to dealers of the equipment, extended equipment warranties, and retail revolving charge accounts. Wood has been investing in DE through the ARKQ and ARKX ETFs. She has a combined holding of 246,622 shares of DE, which translates to a 0.19% weighting. DE is the #holdings in ARKQ.

In an announcement on May 18, 2021, DE featured RENCRAFT Super Hard Coat polycarbonate windows on its G-Series harvesters and forwarders, which are designed to withstand external wear, enhance scratch resistance, and withstand chemicals and cleaning solutions, while also enhancing optic quality. The upgraded windows are 50% thicker than before, and makes the cab better insulated, resulting in a quieter environment on the job site. DE hopes to witness good sales in the near-term.

On May 10, DE added new technology and transmission options and more top-end horsepower to its 5M Series Tractor lineup and introduced a new 125-horsepower tractor to the lineup. Its integrated AutoTrac guidance helps operators reduce inputs, such as fuel, seed, and fertilizer, by minimizing overlap in straight line applications in fields, thus reducing costs significantly. The company expects the revamped lineup to generate robust sales.

For its fiscal second quarter, which ended on May 2, 2021, DE’s total net sales and revenues were $12.06 billion, which represents a 30.3% year-over-year improvement. The company’s total operating profit is reported at $2.44 billion for the quarter, up 152.7% from the prior-year period. While its net income increased 168.8% year-over-year to $1.79 billion, its EPS increased 169.2% year-over-year to $5.68.

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