Conflict remains an ever-present danger to the world these days. From the Russian-Ukraine crisis to the recent events in Israel-Gaza, societies around the world remain on high alert. For the stocks in the defense and aerospace sectors, this has provided plenty of tailwinds to propel their shares forward.
The best part for investors is that those tailwinds still have plenty of lift for the long term.
From rising defense budgets to new technologies as well as surging cybersecurity, there’s a lot to like about the defense contractors. This bodes well for long-term growth amid historic performance post-conflict. With that, shares of defense could finally break their mold and start to show serious growth over the long term.
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