'Strongest environment in a generation' for defence stocks
Defence stocks are surging as the sector faces what analysts are calling the strongest macro environment in a generation. With ongoing conflict in the Middle East, NATO nations ramping up military spending, and governments around the world committing to long-term defence budgets, major contractors are reporting strong earnings beats and record order backlogs.
Watchlist: Lockheed Martin, NextEra Energy, Newmont
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