Crane is a highly engineered industrial manufacturer operating in four segments, Aerospace & Electronics, Process Flow Technologies, Payment & Merchandising Technologies, and Engineered Materials. The company’s primary end markets include aerospace, defense & space, chemical production, oil & gas, payment automation, bank notes, and general industrial markets. Tony Bancroft discusses market strength led by tech. Crane disclosed its plan to separate into two independent, publicly traded companies. The tax-free spinoff establishes two enhanced, market-leading companies with durable economic and operating fundamentals. Tony breaks down the Commercial Aerospace & Defense ETF (GCAD) and investing in defense and aerospace stocks. Tune in to find out more about the stock market today.
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