Surging prices of many defence stocks are leaving investors with a dilemma: should they profit from the growing insecurity around the world, or deem them to be beyond the ethical pale?
“It can be hard to get third-party validation from governments and military chiefs [of the companies’ technologies], given the obvious sensitivities,” he adds. Yet unlike the US and European weapons behemoths, the Australian-listed defence sector consists of small companies operating in niche areas. Griffiths says another reason that professional investors are cautious on defence stocks is that execution of the company’s strategy is rarely a “straight-line process”. Markets take years to penetrate and exploit, he says.
No conundrum if you sell it to both sides for the same amount
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: smh - 🏆 6. / 80 Read more »
Source: smh - 🏆 6. / 80 Read more »