Reported about 13 hours ago
Amid the ongoing government shutdown, analysts suggest that defense stocks, particularly those tied to the U.S. military like Northrop Grumman and Lockheed Martin, may present a buying opportunity. While these companies may report conservative earnings outlooks due to uncertainty, upward revisions could follow as clarity on government funding improves. With defense sector ETFs lagging behind broader market gains, some analysts recommend purchasing shares of these companies now, anticipating a potential rebound.
Source: YAHOO