Global military spending for 2023 touched record highs of $2.44 trillion. On a year-on-year basis, defense spending increased by 6.8%. That does not come as a surprise, as there are multiple points of geopolitical friction globally. It’s also likely that defense spending will continue to increase at a healthy pace through the decade. From an investment perspective, it’s a good opportunity to consider exposure to some of the best defense stock picks. If we look at some top defense companies, the
Leonardo DRS, Inc. (NASDAQ:DRS) Q1 2024 Earnings Call Transcript May 1, 2024 Leonardo DRS, Inc. beats earnings expectations. Reported EPS is $0.14, expectations were $0.11. Leonardo DRS, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Ladies and gentlemen, good […]
If we look at some data points on investing trends, it seems that long term investing is dead, but there are millionaire-making growth stocks to be had out there. Equity holding periods have decreased in recent decades. Investors seek instant gratification. Long-term investing with patience creates wealth. I must emphasize here that in a long-term uptrend for any stock, there’s likely to be intermediate corrections of 20% to 30%. InvestorPlace - Stock Market News, Stock Advice & Trading Tips How