Shares of arms companies have been rising since the start of the war in Ukraine. For example, shares of the largest giant $LMT+0.3% have risen by up to 20% since the beginning of the conflict. As orders from all over the world increase, so, of course, do arms companies' sales.
Sadly, the arms industry has been experiencing huge orders lately.
From an investment standpoint, I like $AVAV+0.6% $LMT+0.3% Rheinmetall and also the Czech drone manufacturer Primoco UAV.
Do you have any companies operating in the military equipment market? Do you see potential in this sector or are you not buying at today's prices.
I am quite interested in this sector and would like to include at least one stock from this sector in my portfolio.
Thanks for the tips.
I don't, even though it's a stable industry and booming, the prices are high for me. Also, I think the rush of orders may have already priced the stock a bit.
Sure I get it, but some are still quite nicely priced, like $AVAV+0.6%.