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Will defense stocks in the U.S. soar against the trend? Bernstein: Trump's return to the White House may provide a boost.
① Analysts from Wall Street investment bank Bernstein claim that Trump's return to the White House could lead to a counter-trend rise in usa defense stocks; ② Analyst Douglas Harned believes that Trump's statements on nuclear deterrence, missile defense, and enhancing space capabilities will be bullish for defense contractors; ③ Although the new government departments may cut spending, Harned believes this is still uncertain, and increased export demand is a positive factor.
JPMorgan Updates Its U.S. Analyst Focus List – Adds TPR, ALRM, REG
Express News | Lockheed Martin Down 3.8%, Northrop Grumman off 2.6%, L3Harris Technologies Down 2%
Express News | U.S. Defense Stocks Fall After Israel Says It's Moving Closer to Lebanon Ceasefire
L3Harris Technologies Receives An Indefinite Delivery, Indefinite Quantity Award From The U.S. Navy, Worth Up To $999M, To Provide U.S. And Coalition Forces With Resilient Communications Technology
S&P 500, Dow Hit Records Right After Open | Live Stock
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