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What the Israel-Hamas war means for defense stocks

07:08am, Wednesday, 18'th Oct 2023
When war breaks out, defense companies tend to make money. That means aerospace and defense stocks tend to rise during geopolitical unrest.
Congress averted disaster by passing a short-term spending bill a couple of weeks ago, which averted a government shutdown. With the crisis averted and the choppiness in the financial markets, investo
Investors interested in stocks from the Aerospace - Defense sector have probably already heard of Embraer (ERJ) and Northrop Grumman (NOC). But which of these two stocks offers value investors a bette
Last year, total military expenditure increased 3.7% on a year-on-year basis to $2.24 trillion. Further, military spending in Europe saw the steepest increase on a year-on-year basis in the last 30 ye
RTX's Pratt & Whitney, with its 200th engine type certification within a 60-year period, continues to achieve success in the aircraft engine market.
The bloody attack on Israel and inevitable retaliation have turned defense stocks into a gauge of the geopolitical risks perceived by financial markets. For now, it is flashing amber rather than red.
Northrop Grumman has seen a 12% increase in its share price in the past month, making it one of the best performers in my portfolio. The company's focus on high-tech capabilities and innovation sets i

Defense Stocks Are Heating Up: Here's the Top 3

06:25am, Thursday, 12'th Oct 2023
Despite having plunged more than 10% through September and into October, the iShares U.S. Aerospace & Defense ETF BATS: ITA has been bouncing back hard this week.
Wall Street analysts generally feel the direct impact of the conflict on defense stocks will be small, but will improve the way investors view the sector.
“History shows” war stocks' rally immediately after geopolitical shocks generally fall flat, according to Bernstein analysts.
Supply chain issues and material shortages have extended longer than most expected this year. Orders and backlog growth remain strong.
The International Space Station will be shut down in early 2031. Over the past week, two leading candidates to replace the ISS are dropping out of the competition.
Northrop Grumman (NOC) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, NOC crossed above the 20-day moving average, suggestin

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
Northrop Grumman (NOC) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.
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