Reported about 6 hours ago
As European nations ramp up military spending following the Ukraine war, defense stocks have surged significantly. Companies like BAE Systems and Rheinmetall have seen their shares soar, raising questions about the sustainability of such high valuations. While some investors are optimistic about long-term growth in the defense sector, others express caution, wondering if the current price increases reflect overly ambitious expectations for future earnings in the context of geopolitical uncertainties.
Source: YAHOO