Published on 22 Mar 2023 on Insider Monkey via Yahoo Finance
In this article, we will discuss the 12 best defense stocks to buy now. If you want to explore similar stocks, you can also take a look at 5 Best Defense Stocks To Buy Now.
A Chinese spy balloon along with 3 other unidentified high-altitude objects have been shot down by the U.S. so far. On March 14, a U.S. drone was shot down by a Russian fighter jet over the black sea. The Russian Su-27 damaged the propellor of the American MQ-9 Reaper drone, after flying in close proximity over it, and forced it down. Meanwhile, the Ukraine war is still ongoing and there is still no end in sight, rather there is a risk of the war escalating.
Defense Analyst: "There's A Pretty Good Long-Term Setup"