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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.
Investors Can Be Optimistic About Defense Stocks Under Trump: Bernstein
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
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Northrop Grumman To Go Ex-Dividend On December 2nd, 2024 With 2.06 USD Dividend Per Share