Teledyne: A Growth Story In A Favored Industry, Technicals Also Suggest More Upside

technology

I learned something new when digging into Teledyne Technologies (NYSE:TDY). The stock is a 4% weight in the SPDR S&P Kensho Final Frontiers ETF (ROKT). The fund, according to SSGA, tracks an index utilizing artificial intelligence and a quantitative weighting methodology to capture companies whose products and services are driving the innovation behind the exploration of the final frontiers, which includes the areas of outer space and the deep sea. It’s essentially an aerospace & defense fund with 54% of assets in that industry.

seekingalpha.com     Nov 25, 2022