Time To Buy Defense Stocks, Analyst Says. One Leads S&P 500, One Dives On Results

Blockhead
05 Mar

Defense stocks traded unevenly higher early Wednesday following a bullish research note from Citi. Huntington Ingalls led the S&P 500 in premarket trade. AeroVironment (AVAV) unraveled after earnings. Citi analyst Jason Gursky in a research note reported by The Fly.com wrote that defense stocks have "de-rated significantly" since November 2024, due to uncertainty surrounding impacts from the Department of Government…

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