With ongoing wars and rising military budgets, U.S. defense stocks are back in focus.
Stocks like Lockheed Martin, Northrop Grumman, and General Dynamics have seen a strong run-up in recent months.
But here’s the thing: this might not just be a short-term rally. The war premium aside, long-term trends like increased global rearmament, shifting U.S. priorities (think more drones, AI, and cyber), and bipartisan political support could keep this sector strong for years.
But are valuations too rich now? Or is this just the beginning of a long-term upcycle?
Wrote a quick piece on this — would love your thoughts:
Should You Load Up on U.S. Defence Stocks?