Dear Reader,
Today I want to talk about a really special stock.
Transportation Secretary Sean Duffy held a press conference last week on the state of our air traffic control system.
I was happy to see him flanked by the CEOs of United, Delta, American and JetBlue…
As well as Republican Senator Ted Cruz and Democratic Senator Tammy Duckworth.
It’s important to have an industry that agrees with his initiatives, and having both parties represented shows bipartisan support behind this issue that the Trump administration is owning.
Now they’ve got to get it done.
A couple things Duffy said at the conference really surprised me.
First, it’s going to take three to four years and cost billions of dollars.
We hear estimates ranging from $30 to $60 billion.
I’m putting it at above $40 billion.
It’s like a contractor who bids on your house project. He says it’s going to cost $X and then it always ends up costing more.
Come on.
We all know the deal here.
Duffy said one thing I thought was, frankly, alarming…
He pointed at a piece of equipment and said it looked as if it came from the set of Apollo 12 or the Smithsonian rather than a modern tower.
And he’s right. No doubt about that.
He added, “unless these systems are replaced, the problems we had at Newark last week are going to crop up around the country.”
Last week we talked about Newark Airport being thrown into disarray after radio and radar went out for about 90 seconds.
Imagine you’re an air traffic controller, sitting there looking at all the lines, the airplanes coming in, and your signal goes out. My God, talk about a panic attack.
We all know we need to replace the antiquated telecommunications equipment, radar, surveillance systems, facilities.
We’ve been tracking this story and have really zeroed in on one microcap stock focused on surveillance systems, software, the whole thing…
And we think they have the best margin.
Plus, big backing from one of the largest tech companies in the world.
You know the air traffic problems are going to keep happening until we fix this.
This is a very important issue to me. Maybe because I fly a lot with my kids.
It’s like an Achilles heel in our transportation infrastructure.
And as I’ve said before, only a few companies are focused on this.
You have some small companies that have done this for regional airports, and you can take that same software and bring it to a national level.
Let’s face it – my kids’ iPads have more sophisticated software.
We need an air traffic control system with precision software.
I bet a lot of it could be handled by AI.
We could probably cut the number of air traffic controllers in half with more sophisticated software.
Our bet here at Behind the Markets is a company we’ve been talking about for about six months now…
A $2 stock partnered with some of the biggest tech firms in the world.
Palantir owns a huge stake.
This is our bet to take the prize.
Go here now to get the name of the stock >>>
“The Buck Stops Here,”
