Conversations with Jaguars – October 7 ($NOVA, $WWW, $NOC)


We presented a bull case for $NOVA in webinar yesterday. Today BAML is out with a bullish view after meeting with management, says +40% customer growth and rising solar+battery attach rate. Continuing the theme of strong footwear business Jay discusses the bull case for $WWW which has several of its key products out of stock suggesting improving demand. Dramatic rise in Sep defense orders from the Air Force led by GBSD award that went to $NOC. Still lacking technical momentum but defense stocks nearing the bottom of range.