Defense stocks: 2 factors this analyst says to consider

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 53 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 38%
  • Publisher: 63%

Ron Epstein Notícia

Defense Stocks,Jason Gursky,Market Domination

The US defense sector has underperformed the broader market in 2024. Is there any potential for upside? Joining Market Domination to discuss growth outlooks ...

The US defense sector has underperformed the broader market in 2024. Is there any potential for upside? Joining Market Domination to discuss growth outlooks for the US defense sector are Bank of America Securities Senior Aerospace and Defense Analyst Ron Epstein and Citi Managing Director of Aerospace and Defense Lead Analyst Jason Gursky

Yet against this backdrop, defense names have failed to see significant upside, the sectors underperformed the broader market this year.We're helping you navigate the big picture with the Yahoo Finance playbook and to discuss, we're joined by two senior analysts covering aerospace and defense.Thank you so much for being here.

Uh And uh and then budget caps, um you know, coming out the other side of these, these things that, that often times uh in, at least in the very near term kind of ruin sentiment uh around uh defense spending because suddenly investors are afraid that there are artificial spending caps put on, on defense spending.

Uh And then, and, and when you look at the, the outlays from the US Treasury, um they're a good coincident indicator for the sector.So, yeah, I my, my, my stance here particularly, you know, kind of short term in the second half of the year is actually quite bullish. And then these guys also own a bi jet manufacturer called Gulfstream that just introduced a new product.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 47. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Dutch Bros stock jumps on Q1 earnings, raises 2024 guidanceDutch Bros (BROS) shares are rallying Wednesday, as the coffee chain's first-quarter results beat on both the top and bottom lines. The company reported...
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Stock market today: Stocks climb as S&P 500 notches best 3-day run of 2024Stocks rallied at the end of last week, getting a boost from a 'Goldilocks' jobs report.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Stock market today: Nasdaq sinks 2% as stocks plummet to end worst month of 2024Investors marked time ahead of the Fed's rate decision, with earnings from Amazon on deck to test prospects for a Big Tech-fueled bump.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »