Defense Stocks
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Two different definitions...
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Because of all the munitions headed towards Ukraine, the munition stocks of Western nations are being depleted at a rate more rapid than normal contracts can replace. The U.S. Army is already putting out contract bids for more 155mm cannon shells. This is a problem, in the post-COVID, chip shortage world.
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Because of that, defense stocks - at least in certain areas - should be appreciating in value. I haven't checked yet, but I wonder who the best companies to invest in would be?
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They've definitely being doing better than the market over the last year:
https://g.co/finance/VTI:NYSEARCA?window=1Y&comparison=NYSE%3ARTX%2CNYSE%3ALMT%2CNYSE%3ANOC
