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By Mike Larson
Sure, aerospace and defense stocks are strong now. The catalyst – more fighting in the Middle East – is on the news 24/7.
But it’s not a one-week, one-month, or even one-year story. These stocks have been strong
Chart Of The Day: Defense Stock Strength Is Nothing New
Summary
- Sure, aerospace and defense stocks are strong now. But it’s not a one-week, one-month, or even one-year story. These stocks have been strong for a long time.
- ITA and PPA have returned roughly twice the SPY over the last three years.
- As for SHLD? It has more than 4X-ed the SPY.
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