Our Senior Analyst, Jennifer Olson, CFA, CFP®, discusses the various factors causing defense stocks to 28 percent year-to-date rise. Below is an excerpt:
“Olson points to proposed military expansion as reason to be bullish, especially when placed in context of global current events. ‘Heightened geopolitical tensions across the world, international terrorist attacks, as well as domestic tensions add to opportunities for defense contractors,’ she says.”
For the full article, click here.