October 18, 2022, 6:20 pm EDT
The timing has arrived for the top guns to get ready for the defense industry today:
- Lockheed Martin Corp (LMT) +9%
- Northrop Grumman Corp (NOC) +7%
- L3Harris Technologies Inc (LHX) +6%
- Huntington Ingalls Industries Inc (HII) +5
- General Dynamics (GD) +4%
- Raytheon Technologies Corp (RTX) +3%
- Transdigm Group Inc (TDG) +3%
Both Russia-Ukraine and China-Taiwan relationships intensified the warfare or conflicts. The US, NATO, Iran, and Israel are ready to get involved.
The stock markets reflected this reality through strong performance in this industry as shown. We believe those stocks are promising to take off the ground and are ready to fly.