WATCH THIS ‘OFFENSE’ STOCK WHEN TENSIONS RUN HIGH
Today’s chart highlights the potential of defense stocks…
In the past, we’ve noted that the U.S. is constantly involved in military action. Defense contractors supply the weapons and technology needed to fight these battles…
And with so much government spending on foreign conflicts, we’ve said these companies might as well be called “offense” contractors.
Right now, one military giant is riding this trend…
We’re talking about Raytheon (RTN).
This $61 billion company makes precision weapons, military electronics, and other defense products.
And the business of war is going strong…
Raytheon recently reported its 2017 annual revenue increased 5% over the year before. In the fourth quarter alone, Raytheon drew around $6.8 billion in net sales – up 8% from the same quarter in 2016.
As you can see in the chart below, Raytheon shares are up nearly 45% over the past year, soaring to new record highs. As the government continues to spend more on defense, expect shares of this “offense” contractor to keep surging…
Put $1,000 into this stock now [Not NVDA] [sponsor]
The legendary stockpicker who built one of Wall Street's most popular buying indicators just announced the #1 stock to buy for 2026. His last recommendations shot up 100% and 160%. Now for a limited time, he's sharing this new recommendation live on-camera, completely free of charge. It's not NVDA, AMZN, TSLA, or any stock you'd likely recognize. Click here for the name and ticker.
Source: Daily Wealth’s Market Notes
