Up 31% over the past year, these overlooked stocks are just getting started, says strategist

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

United States News News

United States United States Latest News,United States United States Headlines

Defense stocks have beaten all comers over the past year, and as things get worse in the world, the outlook for these stocks can only get better.

Chasing options that expire in a day, gambling on AI-related and beaten-down tech stocks, and betting that inflation will get back to normal faster than could be expected.

That’s all part of a “silly game” investors have been playing this year, says Peter Garnry, Saxo Bank’s chief equity strategist, as they ignore looming geopolitical risks and dismiss the stocks that could protect them. Opinion: Russia’s invasion of Ukraine one year ago boosted defense stocks. This new global arms race won’t stop there.

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:

 /  🏆 3. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

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

WATCH LIVE: Harris County Judge Lina Hidalgo announces $31.6M investment in job expansion, workersHarris County Judge Hidalgo and Commissioner Rodney Ellis joined local leaders Tuesday morning to announce that $31.6 million in funding from the American Rescue Plan Act to help expand the county’s workforce training efforts, according to the county judge. Hidalgo is up to her ears in election fraud investigations by the Texas Rangers. She’ll find third world governance is for third world 💩holes. Hidalgo and Ellis working together? 2 of the biggest fraudsters! How much of that is being funneled back into your pockets! Partnering with the Texas Gulf Coast Area Labor Federation is a great move. Looking forward to this being implemented.
Source: KPRC2 - 🏆 80. / 68 Read more »