iShares U.S. Aerospace & Defense ETF [ITA] Stock Forecast

Both the House and Senate are due to get back to work this week after their Thanksgiving break, and lawmakers have a lot on their plates.

Let's delve into some of the best ETF charts of Q3 earnings.

The S&P 500 and the Nasdaq hit highest level since August. The Nasdaq 100 hits its highest in about two years after November spike.

iShares U.S. Aerospace & Defense ETF is a worthy investment option for exposure to the aerospace and defense industry. Upsides of investing in the sector include heightened global conflicts, innovation and technological advancements, and stable government contracts. Downsides include political and regulatory risks, geopolitical risks, and ethical considerations. ITA has underperformed compared to other aerospace and defense ETFs.

Some retail investors are opting out of defense names despite knowing they typically perform better in war times.

Sales are harder to be influenced in an income statement than earnings. A company can land up on decent earnings numbers by adopting cost-cutting measures that do not speak for its core strength.

The S&P 500 recorded its first three-month losing streak in October since March 2020.

With increasing geopolitical tensions in Central Asia and upbeat earnings driven by robust weapon sales, look into Aerospace and Defence ETFs as they report Q3 earnings.

President Joe Biden's urgent request for funding for Israel and Ukraine with those two nations at war could quickly run up against a dysfunctional House of Representatives and make for a tragedy, an analyst said Friday.

Look into ETFs with an exposure in LMT, as the world's largest defense contractor reports better-than-expected Q3 earnings.

iShares U.S. Aerospace & Defense ETF is a US stock and trading under the symbol ITA

iShares U.S. Aerospace & Defense ETF stock price is $117.92 today.

Yes, iShares U.S. Aerospace & Defense ETF is a publicly traded company.