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Best Defense Stocks to Buy Amid NOC, RTN, GD, LMT Stock Surge
Yesterday (Wednesday), a number of key defense stocks were up big.
Leading the pack was Northrop Grumman Corp. (NYSE: NOC). NOC stock soared 6.2%. Raytheon Co. (NYSE: RTN) stock was up 4.1%. General Dynamics Corp. (NYSE: GD) jumped 3.9%. And Lockheed Martin Corp. (NYSE: LMT) stock got a 2.2% bump.
So how do defense stocks continue to soar even as the Pentagon pulls back?
Yesterday (Wednesday), a number of key defense stocks were up big.
Leading the pack was Northrop Grumman Corp. (NYSE: NOC). NOC stock soared 6.2%. Raytheon Co. (NYSE: RTN) stock was up 4.1%. General Dynamics Corp. (NYSE: GD) jumped 3.9%. And Lockheed Martin Corp. (NYSE: LMT) stock got a 2.2% bump.
So how do defense stocks continue to soar even as the Pentagon pulls back?