Fallen Blue Chips: Global Franchises 20%+ Off Highs

Several household-name leaders trade well below their 52-week highs while their core franchises keep generating cash. GE Aerospace just lifted its outlook as defense and aerospace demand stays strong, which shows the franchises are intact despite the price weakness. The basket bets on mean reversion in category leaders that have been sold down. Catalysts: - 2026-10-21 RTX, GE Aerospace and Northrop lift outlooks as defense demand soars (GE) (https://www.investors.com/news/rtx-ge-aerospace-lead-defense-earnings-amid-soaring-demand/) Launch basket (equal weight): GE, BA, CAT, BKNG, NKE, MCD, HD, UBER, NFLX Rules: 1. No inverse, leveraged or volatility ETFs. 2. Only names tradable at the enrolled brokers (Moomoo): no OTC listings, no dead tickers, nothing on the refused list.