ICYMI: Reports on two defense stocks we added to our Model Portfolio Universe – one benefiting from rising missile production, and the other experiencing growth catalysts for the first time in a while. The latter’s real estate value on the balance sheet is materially undervalued by a factor of ~4x.

In other news, early research indicates that new products have given this company a “moatish” investment angle. We are starting to get increasingly excited. The company will likely be added to our Model Portfolio Universe.