There are a lot of uncertainties and risks plaguing portfolios and the market these days. From inflation concerns to the growing drumbeat of recession, there is a lot on investors’ minds. Arguably, one of the biggest risks continues to be the rise of conflicts across the globe. It seems that every day, there is a new skirmish or geopolitical tension that has started to brew. While that may be bad for humanity, it’s been a bright spot for the world’s global defense contractors and aerospace stocks.
The best offense is a great defense.
With surging stock prices, strong earnings, and potential spending boosts on the way, the global defense sector is humming right along. With plenty of continued tailwinds and strength behind them, the aerospace and defense sector continues to be an excellent bet for portfolios.
