Reported about 8 hours ago
Wall Street analysts indicate that defense stocks are set for further gains, fueled by heightened global tensions and favorable economic conditions. The S&P 500 Aerospace & Defense Industry Index has already risen 20% this year, with predictions suggesting that this sector may benefit significantly from consistent demand for military supplies and lucrative aerospace contracts. Despite concerns over high valuations and potential economic slowdowns, experts like David Wagner highlight that the ongoing conflict and the Federal Reserve's easing policies could sustain the momentum in defense investments.
Source: YAHOO