To say the world is on edge would be an understatement. The Russia-Ukraine crisis has continued to place the world’s leaders on high alert. And with that, defense budgets across the board have continued to explode. For our latest Best Dividend Growth Stocks Model pick this has directly translated into surging profits and cash flows.
Our pick is a defense superstar, with aerospace, missile systems and shipbuilding under its umbrella. The combination of these areas continues to work wonders as Uncle Sam and NATO beef up their capabilities and weapons needs in the current environment.
The added bonus for our pick? Its focus is on the private sector. Thanks to its leading position as top producer of private aircraft, our pick has continued to see surging revenues as post-pandemic flight rules push more people towards private jets.
The end all be all is our pick’s plenty of public and private sector growth behind its cash flow. And with defense budgets rising across the globe, growth is guaranteed.
In addition to our new defense pick, we’ve also added an industrial goods manufacturer as well as removed two regional banks from the portfolio.
You can check out the Best Dividend Growth Stocks Model Portfolio to explore all the stocks.
