Defense stocks surge amid Israel-Hamas conflict

10:37am, Tuesday, 10'th Oct 2023
Shares of companies in the defense sector have surged amidst the continued conflict in the Middle East, adding almost $20 billion in market cap. Notable gains include Northrop Grumman (NOC) which has
General Dynamics (GD) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more stre
Defense stocks to watch in the stock market today.
Lockheed Martin, General Dynamics and L3Harris rose further in early Tuesday trading after a jump on Monday.
Japan and South Korea returned to trade today after a public holiday on Monday.
Havens such as gold and global bonds jump, while airline stocks slide.

War & Wall St.: 3 Things you Need to Know

01:32pm, Monday, 09'th Oct 2023
The recent large-scale attack by a Palestinian militant group on Israel is causing market volatility. Amidst the emotional impact of such events, investors are reminded to separate their emotions from
Exchange-traded funds that buy aerospace and defense stocks were surging on Monday, after war erupted over the weekend between Israel and Hamas.
General Dynamics (GD) is set to provide planning of the maintenance, modernization, and repair of USS Chung-Hoon and USS James E. Williams ships?
As tensions escalate between Israel and the Hamas group, it has been revealed US congressional leaders have been making some strategic investment moves into military-related stocks.
The House of Representatives' historic vote to remove its speaker will complicate the sector over the next few months.
Solid air traffic view and improved defense bill appropriations should bode well for aerospace-defense stocks amid strengthening inflation rate. You may buy NOC, GD and TXT.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest
General Dynamics' (GD) unit is set to provide technical support for its Abrams battle tank systems.
American military support for Ukraine as it fends off Russia has given a lift to the struggling industrial side of the U.S. economy.
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