Peaceful takeover streets of rogue3/28/2023 ![]() ![]() Lockheed is a giant defense contractor with a market cap of about $120 billion. Therefore, the Ukrainian people are likely grateful, but they need more, not just HIMARS. Lockheed MartinÄo you know what has shown great success in Ukraine? Lockheed's HIMARS is likely the single most important weapons system to help turn the tide of war in Ukraine's favor. My top five defense stocks are relatively cheap, recently had significant corrections, and should appreciate considerably as we advance. Moreover, many analysts could be behind the curve regarding future revenue growth and earnings potential for top U.S. Market participants may be underappreciating the seriousness of the current geopolitical atmosphere. Additionally, with Russia's belligerent actions, more governments are taking a stricter stance against the rogue nation by ordering more advanced military technologies from top U.S. More countries are spending more significant portions of their GDPs on increasing their defense capacities and military presence. Moreover, it's not just Ukraine or Eastern Europe, everyone wants better defense capabilities now, and that trend is likely to continue. has already provided around $50 billion in military aid (officially) and will probably give much more before this war is over. The West sends more and more munitions to help Ukraine, which should draw out this conflict which may last for years, decades even. Unfortunately for Ukraine, a proxy war is being waged on its land with no end in sight. It is a barbaric invasion of a peaceful nation that's led to devastation not seen since World War Two. ![]() The war in Ukraine is not just a war in Ukraine. Therefore, the stocks of these top defense companies should appreciate considerably as we advance. ![]() Still, they also have a significant bullish factor that should contribute to higher revenue growth and substantially higher-than-expected profitability in future years. Each of these companies is appealing for its unique reasons. The five defense stocks I own are Lockheed Martin ( LMT ), General Dynamics ( GD ), Raytheon ( RTX ), Northrop Grumman ( NOC ), and Spirit AeroSystems ( SPR ). I don't typically discuss defense companies, but the segment has grown to about 10% of my portfolio holdings. ![]()
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