Standardaero

Keep an eye on this one

Rep. Gilbert Cisneros (D) just disclosed two defense stock purchases

• StandardAero $Standardaero(SARO.US) on May 11th

• Ducommun $Ducommun(DCO.US) on May 18th

Here's where it gets interesting

He sits on the Armed Services Intelligence & Special Operations Subcommittee

StandardAero maintains the engines on the military aircraft used by U.S. Special Operations Command, his subcommittee controls their budget

And Ducommun builds the missile and weapons components those Special Operations forces rely on and the same subcommittee oversees the programs that give them funding

This is why we track politicians stock trades.

Remember when we flagged Rep. Gil Cisneros for buying StandardAero $Standardaero(SARO.US)?

Standard Aero has contracts with the DoD and Cisneros sits on the House Armed Services Committee.

He's also the only member of Congress to buy this stock.

Since we flagged his purchase Oct 13, $Standardaero(SARO.US) is up 21%.

Just in: Rep. Gil Cisneros went on a buying spree

He just disclosed ~$400K of buys from September

Including $Unitedhealth(UNH.US), $Southwest Airlines(LUV.US), $Workday(WDAY.US), $Home Depot(HD.US), & more

Most notable: $Standardaero(SARO.US), given his seat on the House Armed Services Committee

He is the first politician to buy this stock