How to play aerospace and defense stocks now

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 20 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 63%

Tony Bancroft News

US Defense Spending,Defense Stocks,Market Domination

Defense stocks have come under pressure as US lawmakers put spending under the microscope.  The Gabelli Commercial Aerospace and Defense ETF Portfolio...

The Gabelli Commercial Aerospace and Defense ETF Portfolio Manager Tony Bancroft and Baird Senior Analyst Peter Arment join Market Domination to discuss how to play the aerospace and defense sectors now.

Arment notes the US is trying to"recapitalize our entire military... that takes well over a decade to do." He says that part of that focus is new technology, meaning there are"a lot of opportunities for new companies to be brought into the industry," including Silicon Valley companies and those that are funded through private equity and venture capitalists.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China Imposes Sanctions on Two US Defense CompaniesChina announces rare sanctions against General Atomics Aeronautical Systems and General Dynamics Land Systems over their alleged support for arms sales to Taiwan.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

China sanctions 2 US defense companies and says they support arms sales to TaiwanBeijing has long threatened such sanctions, but has rarely issued them as its economy reels from the COVID-19 pandemic, high unemployment and a sharp decline in foreign investment
Source: globeandmail - 🏆 5. / 92 Read more »