Exclusive: Argent's New ETFs Are Not Chasing AI Or Meme Stocks, Here's What They're Buying Instead
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 15 2025
0mins
Should l Buy BAH?
Source: Benzinga
New ETF Launches: Argent Capital Management has introduced two new ETFs, the Argent Large Cap ETF (ABIG) and the Argent Focused Small Cap ETF (ALIL), complementing their existing Mid Cap ETF (AMID) to provide a comprehensive U.S. equity exposure strategy focused on investing in high-quality companies with strong cash flows and competitive advantages.
Investment Philosophy: The firm emphasizes a research-driven approach, prioritizing long-term growth through disciplined capital allocation and a focus on enduring businesses, while maintaining a cautious stance towards sectors like healthcare and unprofitable biotech firms.
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Analyst Views on BAH
Wall Street analysts forecast BAH stock price to rise
8 Analyst Rating
1 Buy
6 Hold
1 Sell
Hold
Current: 79.200
Low
90.00
Averages
101.29
High
115.00
Current: 79.200
Low
90.00
Averages
101.29
High
115.00
About BAH
Booz Allen Hamilton Holding Corporation is the parent company of management and technology consulting and engineering services firm, Booz Allen Hamilton Inc. It provides management and technology consulting, analytics, engineering, digital solutions, mission operations, and cyber services to U.S. and international governments. Its solutions include artificial intelligence, cloud, digital customer experience, elite training, enterprise DevSecOps, JADC2, mission readiness, security and workforce of the future. It supports critical missions for a range of federal government clients, including nearly all the U.S. government's cabinet-level departments, as well as for commercial clients, both domestically and internationally. It supports its federal government clients by helping them tackle challenges such as protecting soldiers in combat and supporting their families. It also provides technologies to evolve defense missions and delivers solutions to warfighters in the digital battlespace.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Congress Urges Investigation into Pentagon's Supply Chain Risk Designation for Anthropic
- Congressional Inquiry: A bipartisan coalition of 30 former defense and intelligence officials has sent a letter to Congress demanding an investigation into the Pentagon's designation of Anthropic as a supply chain risk, arguing that this move could undermine the U.S.'s competitive edge in the AI sector.
- Security Risk Warning: The coalition characterized Defense Secretary Pete Hegseth's decision as a 'profound departure' that sets a dangerous precedent, potentially affecting the operational environment for American businesses in the technology sector.
- Industry Backlash: Several defense tech companies have been instructed to cease using Anthropic's Claude service, indicating the immediate impact of the government's ban on industry operations and the potential disruption of technological collaborations.
- Call for Legal Oversight: The coalition urges Congress to exercise its oversight authority against the inappropriate use of executive power, emphasizing the need for legal safeguards to protect American companies from punitive actions for disagreeing with the government.
See More
Anthropic Resumes Negotiations with U.S. Defense Department
- Negotiation Resumption: Anthropic CEO Dario Amodei is back at the negotiating table with the U.S. Department of Defense after talks broke down last Friday, aiming to finalize an agreement on military access to its AI tools, which could significantly impact future defense contracts for the company.
- Contract Dispute: The Pentagon previously utilized Anthropic's Claude models through a $200 million contract, but during negotiations, the Defense Department demanded the removal of a specific clause regarding 'analysis of bulk acquired data,' a request that sparked strong opposition from Amodei, highlighting major disagreements over usage terms.
- Market Reaction: Following the breakdown of negotiations with the Defense Department, Anthropic experienced a surge in app downloads, while OpenAI's ChatGPT reportedly faced a wave of uninstalls, reflecting market perceptions of the differing implications of the two companies' defense collaborations.
- Industry Concerns: A tech industry group expressed concern over the Defense Secretary's designation of Anthropic as a supply chain risk, arguing that such a move could adversely affect U.S. companies and intensify discussions around AI safety and regulation.
See More
Anthropic Faces Regulatory Challenges Amid Rapid Growth
- Surge in Enterprise Demand: Anthropic's business now derives 80% from enterprise customers, with an annual revenue run rate nearing $20 billion, up from $14 billion just weeks ago, indicating strong demand and potential market leadership in the enterprise AI sector.
- Regulatory Risk: The Trump administration's designation of Anthropic as a supply chain risk after it refused the Pentagon's terms has led to defense contractors dropping its technology, which could significantly impact customer trust and market share.
- Shift in Technology Reliance: As the government scrutinizes Anthropic, companies are reassessing their reliance on a single AI provider, with many evaluating multiple vendors simultaneously to mitigate risks, potentially altering the supply chain dynamics across the industry.
- Legal Challenges and Brand Impact: Anthropic plans to contest the government's supply chain risk designation legally; while its brand has benefited from consumer safety concerns, ongoing legal battles may affect investor confidence and the pace of market expansion.
See More
Anthropic Designated Supply Chain Risk by Trump Administration
- Supply Chain Risk Declaration: The Trump administration's designation of Anthropic as a supply chain risk has prompted 10 startups working with the Department of Defense to cease using its Claude model and seek alternatives, potentially impacting about 80% of Anthropic's enterprise revenue.
- Defense Contract Implications: Major defense contractors like Lockheed Martin are expected to remove Anthropic's technology from their supply chains, which could lead to a decline in Anthropic's market share within the defense sector and adversely affect future revenue growth.
- Legal Response Possibility: Anthropic has indicated it may appeal the supply chain risk designation through legal channels, although no formal action has been taken yet; if the designation becomes official, it would restrict the use of Claude in defense contracts, potentially affecting its business with other clients.
- Market Reaction and Alternatives: Several defense tech firms are proactively transitioning their workforce away from Claude to other models, and while Anthropic's product is regarded as excellent, the reliance on it for defense contracts is now under scrutiny, posing challenges for its continued use in sensitive environments.
See More
Defense Tech Firms Halt Use of Claude Following Ban
- Impact of DoD Ban: Following the Trump administration's decision to blacklist Anthropic last Friday, several defense tech companies have instructed employees to cease using Claude and switch to alternative AI models, a move that could disrupt their defense contract execution.
- Urgent Replacement Process: Alexander Harstrick, managing partner at J2 Ventures, noted that ten of his firm's portfolio companies working with the Department of Defense are actively replacing Claude, a process expected to take one to two weeks, highlighting the industry's strict compliance focus.
- Technology Dependency Risks: Analysts warn that Anthropic's deep integration within military and intelligence sectors could lead to short-term disruptions for companies like Palantir, as the process of onboarding replacement technology will consume time and resources that could otherwise be directed toward growth opportunities.
- Cautious Market Response: While some companies like C3 AI are not rushing to replace Claude, there is widespread concern in the industry regarding the government's ban, with fears that alternative suppliers may pose greater safety risks compared to Anthropic, potentially leading to larger operational hazards.
See More
Trump's Global Tariff Set for Implementation This Week
- Market Rebound: Trump's announcement that the U.S. will insure Gulf shipping and escort tankers through the Strait of Hormuz led to a market rebound after significant losses, with the S&P 500 closing down about 1%, well off its session lows of roughly 2.5%, indicating market sensitivity to geopolitical risks.
- Oil Price Impact: The assurances regarding oil trade not only boosted stock prices but also eased crude oil price pressures, highlighting that fluctuations in the oil market could have broader macroeconomic implications that investors need to monitor closely.
- Private Credit Concerns: Blackstone's Jon Gray defended the quality of loans from its main private credit fund, despite allowing investors to withdraw nearly 8% of their investments, which caused Blackstone shares to fall nearly 4%, reflecting growing market concerns about the health of the private credit sector.
- Congressional Hearing Pressure: Commerce Secretary Howard Lutnick voluntarily agreed to testify before the House Oversight Committee regarding his ties to sex offender Jeffrey Epstein, which has drawn bipartisan scrutiny, although he has not been accused of wrongdoing, potentially impacting his political future.
See More
Congress Urges Investigation into Pentagon's Supply Chain Risk Designation for Anthropic
- Congressional Inquiry: A bipartisan coalition of 30 former defense and intelligence officials has sent a letter to Congress demanding an investigation into the Pentagon's designation of Anthropic as a supply chain risk, arguing that this move could undermine the U.S.'s competitive edge in the AI sector.
- Security Risk Warning: The coalition characterized Defense Secretary Pete Hegseth's decision as a 'profound departure' that sets a dangerous precedent, potentially affecting the operational environment for American businesses in the technology sector.
- Industry Backlash: Several defense tech companies have been instructed to cease using Anthropic's Claude service, indicating the immediate impact of the government's ban on industry operations and the potential disruption of technological collaborations.
- Call for Legal Oversight: The coalition urges Congress to exercise its oversight authority against the inappropriate use of executive power, emphasizing the need for legal safeguards to protect American companies from punitive actions for disagreeing with the government.
See More
Anthropic Resumes Negotiations with U.S. Defense Department
- Negotiation Resumption: Anthropic CEO Dario Amodei is back at the negotiating table with the U.S. Department of Defense after talks broke down last Friday, aiming to finalize an agreement on military access to its AI tools, which could significantly impact future defense contracts for the company.
- Contract Dispute: The Pentagon previously utilized Anthropic's Claude models through a $200 million contract, but during negotiations, the Defense Department demanded the removal of a specific clause regarding 'analysis of bulk acquired data,' a request that sparked strong opposition from Amodei, highlighting major disagreements over usage terms.
- Market Reaction: Following the breakdown of negotiations with the Defense Department, Anthropic experienced a surge in app downloads, while OpenAI's ChatGPT reportedly faced a wave of uninstalls, reflecting market perceptions of the differing implications of the two companies' defense collaborations.
- Industry Concerns: A tech industry group expressed concern over the Defense Secretary's designation of Anthropic as a supply chain risk, arguing that such a move could adversely affect U.S. companies and intensify discussions around AI safety and regulation.
See More
Anthropic Faces Regulatory Challenges Amid Rapid Growth
- Surge in Enterprise Demand: Anthropic's business now derives 80% from enterprise customers, with an annual revenue run rate nearing $20 billion, up from $14 billion just weeks ago, indicating strong demand and potential market leadership in the enterprise AI sector.
- Regulatory Risk: The Trump administration's designation of Anthropic as a supply chain risk after it refused the Pentagon's terms has led to defense contractors dropping its technology, which could significantly impact customer trust and market share.
- Shift in Technology Reliance: As the government scrutinizes Anthropic, companies are reassessing their reliance on a single AI provider, with many evaluating multiple vendors simultaneously to mitigate risks, potentially altering the supply chain dynamics across the industry.
- Legal Challenges and Brand Impact: Anthropic plans to contest the government's supply chain risk designation legally; while its brand has benefited from consumer safety concerns, ongoing legal battles may affect investor confidence and the pace of market expansion.
See More
Anthropic Designated Supply Chain Risk by Trump Administration
- Supply Chain Risk Declaration: The Trump administration's designation of Anthropic as a supply chain risk has prompted 10 startups working with the Department of Defense to cease using its Claude model and seek alternatives, potentially impacting about 80% of Anthropic's enterprise revenue.
- Defense Contract Implications: Major defense contractors like Lockheed Martin are expected to remove Anthropic's technology from their supply chains, which could lead to a decline in Anthropic's market share within the defense sector and adversely affect future revenue growth.
- Legal Response Possibility: Anthropic has indicated it may appeal the supply chain risk designation through legal channels, although no formal action has been taken yet; if the designation becomes official, it would restrict the use of Claude in defense contracts, potentially affecting its business with other clients.
- Market Reaction and Alternatives: Several defense tech firms are proactively transitioning their workforce away from Claude to other models, and while Anthropic's product is regarded as excellent, the reliance on it for defense contracts is now under scrutiny, posing challenges for its continued use in sensitive environments.
See More
Defense Tech Firms Halt Use of Claude Following Ban
- Impact of DoD Ban: Following the Trump administration's decision to blacklist Anthropic last Friday, several defense tech companies have instructed employees to cease using Claude and switch to alternative AI models, a move that could disrupt their defense contract execution.
- Urgent Replacement Process: Alexander Harstrick, managing partner at J2 Ventures, noted that ten of his firm's portfolio companies working with the Department of Defense are actively replacing Claude, a process expected to take one to two weeks, highlighting the industry's strict compliance focus.
- Technology Dependency Risks: Analysts warn that Anthropic's deep integration within military and intelligence sectors could lead to short-term disruptions for companies like Palantir, as the process of onboarding replacement technology will consume time and resources that could otherwise be directed toward growth opportunities.
- Cautious Market Response: While some companies like C3 AI are not rushing to replace Claude, there is widespread concern in the industry regarding the government's ban, with fears that alternative suppliers may pose greater safety risks compared to Anthropic, potentially leading to larger operational hazards.
See More
Trump's Global Tariff Set for Implementation This Week
- Market Rebound: Trump's announcement that the U.S. will insure Gulf shipping and escort tankers through the Strait of Hormuz led to a market rebound after significant losses, with the S&P 500 closing down about 1%, well off its session lows of roughly 2.5%, indicating market sensitivity to geopolitical risks.
- Oil Price Impact: The assurances regarding oil trade not only boosted stock prices but also eased crude oil price pressures, highlighting that fluctuations in the oil market could have broader macroeconomic implications that investors need to monitor closely.
- Private Credit Concerns: Blackstone's Jon Gray defended the quality of loans from its main private credit fund, despite allowing investors to withdraw nearly 8% of their investments, which caused Blackstone shares to fall nearly 4%, reflecting growing market concerns about the health of the private credit sector.
- Congressional Hearing Pressure: Commerce Secretary Howard Lutnick voluntarily agreed to testify before the House Oversight Committee regarding his ties to sex offender Jeffrey Epstein, which has drawn bipartisan scrutiny, although he has not been accused of wrongdoing, potentially impacting his political future.
See More
