Market players are turning bullish on aerospace and defense, revealing their favorite stocks within the theme.
The war in Ukraine — now nearing its one-year anniversary — and the shooting down of an alleged Chinese surveillance balloon over the United States have once again brought geopolitical tensions to the fore. Countries across the world, including the U.S., Japan, India and South Korea, are hiking defense spending and revising their security protocols.
General Dynamics produces the M1A1 Abrams battle tanks that President Joe Biden announced last month would be delivered to Ukraine to enhance its "capacity to defend its territory and achieve its strategic objectives." The stock is rated "buy" by 67% of analysts covering it, who give it average upside of 15.7%. Morgan Stanley also believes now's a good time to buy defense stocks. Analyst Kristine Liwag wrote in a Jan.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Wall Street rewards Linde for a quarter that exemplifies why we own the stockThe stock popped roughly 4% as investors showed appreciation for what we've been saying all along about the durability of the company's businesses.
Leer más »
Stocks slip as worries about high rates weigh on Wall StreetWall Street continued to reel before markets opened after strong U.S. jobs data last week fanned fears of more interest rate hikes. wallstreet kprc2 click2houston us
Leer más »
Pinterest fails to pique Wall Street interest with downbeat forecastImage-sharing platform Pinterest Inc reported lower-than-expected quarterly revenue on Monday joining peers Alphabet Inc and Snap Inc in sounding the alarm on a still-weak ad market.
Leer más »
Asian markets rebound after Wall Street sinks on rate fearsAsian stock markets rebounded Tuesday after Wall Street sank under pressure from worries about higher interest rates and after Japan reported stronger wage...
Leer más »
SNAPSHOT Wall Street gains on Powell commentsWall Street's main indexes rose on Tuesday, with the S&P 500 and Nasdaq up more than 1% following comments from Federal Reserve Chair Jerome Powell that were perceived to be less hawkish than expected.
Leer más »