Emerging Industry: Top 5 stocks with exposure to the Drone industry.

Drone technology has a wide range of applications and from consumers, corporations, and the military alike. Experts predict the unmanned aerial vehicle (UAV) market to reach $58.4 billion by 2026. Securities within this list have high relevance and impact to the drone industry. We use an algorithm that helps us determine which securities have high impact to this growing industry. This list’s performance is calculated on an equally weighted method.

This list has performed 11.90% over the past year. By comparison, S&P/NZX 50 Index is -2.64% over the same period. The beta of this list, which is a measure of volatility, is Moderately High at 1.05. List Beta is calculated using an equally weighted average beta of the securities within this list. This list includes 60.00% of Industrials stocks, 20.00% of Technology stocks, 10.00% of Consumer Cyclicals stocks, 10.00% of Utilities stocks.

List performance is calculated using an equal-weight methodology. This list is generated by scanning the web and using our algorithms to surface potentially relevant securities to the topic. The list is intended to be educational and includes securities that may be suitable for a watchlist. It is not intended for investment or trading purposes. Microsoft does not recommend using the data and information provided as the basis for making any investment decision.

AMAZON.COM, INC.

AMZN. Amazon.com, Inc. provides a range of products and services to customers. The products offered through its stores include merchandise and content that it purchased for resale and products offered by third-party sellers. It manufactures and sells electronic devices, including Kindle, Fire tablet, Fire TV, Echo, and Ring, and it develops and produces media content. It also offers subscription services such as Amazon Prime, a membership program. Its segments include North America, International and Amazon Web Services (AWS). The AWS segment consists of global sales of compute, storage, database, and other services for start-ups, enterprises, government agencies, and academic institutions. It provides advertising services to sellers, vendors, publishers, authors, and others, through programs, such as sponsored advertisements, display, and video advertising. Customers access its offerings through websites, mobile applications, Alexa, devices, streaming, and physically visiting its stores.

Amazon.com Inc. is -2.75% over the past month and -37.03% over the past year, underperforming the S&P/NZX 50 Index by -1.22% over the past month and -34.38% over the past year.

THE BOEING COMPANY

BA. The Boeing Company is an aerospace company. The Company’s segments include Commercial Airplanes (BCA), Defense, Space & Security (BDS), Global Services (BGS) and Boeing Capital (BCC). Its BCA segment develops, produces and markets commercial jet aircraft to the commercial airline industry worldwide. Its commercial jet aircraft in production include the 737 narrow-body model and the 767, 777 and 787 wide-body models. Its BDS segment is engaged in the research, development, production and modification of manned and unmanned military aircraft and weapons systems. Its BGS segment offers aerospace platforms and systems with a range of products and services, including supply chain and logistics management, engineering, maintenance and modifications, upgrades and conversions, spare parts, pilot and others. Its BCC segment’s portfolio consists of equipment under operating leases, sales-type/finance leases, notes and other receivables, assets held for sale or re-lease and investments.

Boeing Co. is -0.60% over the past month and +3.41% over the past year, outperforming the S&P/NZX 50 Index by +0.93% over the past month and +6.06% over the past year.

LOCKHEED MARTIN CORPORATION

LMT. Lockheed Martin Corporation is a security and aerospace company. It operates through four segments. Aeronautics segment is engaged in the research, design, development, manufacture, support and upgrade of military aircraft, including combat and air mobility aircraft, unmanned air vehicles and related technologies. Missiles and Fire Control segment provides air and missile defense systems; fire control systems; manned and unmanned ground vehicles, and energy management solutions. Rotary and Mission Systems segment provides design, manufacture, service and support for various military and commercial helicopters, surface ships, sea and land-based missile defense systems, radar systems, sea and air-based mission and combat systems, command and control mission solutions, cyber solutions, and simulation and training solutions. Space segment is engaged in the research and development, design, engineering and production of satellites, space transportation systems, strike and defensive systems.

Lockheed Martin Corp. is +8.10% over the past month and +24.08% over the past year, outperforming the S&P/NZX 50 Index by +9.63% over the past month and +26.72% over the past year.

GOPRO, INC

GPRO. GoPro, Inc. produces cameras, and mountable and wearable accessories. The Company offers a family of cameras, including its cloud connected HERO11 Black, HERO10 Black, HERO9 Black and MAX cameras. Its HERO11 Black is a waterproof camera, featuring HyperSmooth 5.0 image stabilization. HERO10 Black camera offers 5,300 pixels (5.3K) video at 60 frames per second and HERO9 Black camera offers 5K video at 30 frames per second. Its MAX captures video in 360-degrees at 6K resolution and stitches to 5.6K. It offers a range of mounts and accessories, with a camera or sold separately. It also offers offer mobile and Web applications that provides a media workflow for archiving, editing, multi-clip story creation and sharing content on the fly. Its GoPro subscription service offers a range of benefits, including a camera protection plan and a platform that enables subscribers to easily access, edit and share content. It also offers lifestyle gear, such as bags, t-shirts and other soft goods.

GoPro Inc. is -3.02% over the past month and -35.61% over the past year, underperforming the S&P/NZX 50 Index by -1.49% over the past month and -32.97% over the past year.

NORTHROP GRUMMAN CORPORATION

NOC. Northrop Grumman Corporation is a global aerospace and defense technology company. The Company operates through four segments: Aeronautics Systems, Defense Systems, Mission Systems and Space Systems. The Aeronautics Systems segment is engaged in the design, development, production, integration, sustainment and modernization of advanced aircraft systems for the United States Air Force, the United States Navy, other United States government agencies, and international customers. The Defense Systems segment is engaged in the design, development, production, integration, sustainment and modernization of weapon and mission systems for United States military and civilian agency customers, and a range of international customers. The Mission Systems segment is engaged in advanced mission solutions and multifunction systems. The Space Systems segment is engaged in the design, development, integration, production and operation of space, missile defense, launch and strategic missile systems.

Northrop Grumman Corp. is +5.14% over the past month and +21.30% over the past year, outperforming the S&P/NZX 50 Index by +6.67% over the past month and +23.94% over the past year.