Diamonds and Dogs

3/24/20

The diamonds today go to companies mobilizing their businesses to help the healthcare system. Ford (F) is working with 3M (MMM) and GE Healthcare (GE) to manufacture at scale Powered Air-Purifying Respirators (PAPRs). Ford and 3M are collaborating on the new design leveraging parts from both companies to meet urgent demand for first responders and health care workers. Ford also will leverage its in-house 3D printing capability to produce disposable respirators for healthcare workers. Elon Musk and Tesla (TSLA) bought 1255 FDA-approved ResMed ventilators from China and had them air shipped to LA. Tesla is also looking to manufacture ventilators. HP (HP) is using their 3D printers to deliver parts and products to hospitals to combat the COVID-19 pandemic.

Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.