This $8 Billion US Defense Stock Can Continue To Run Higher
💡 Highlights:
In today’s post we discuss a defense business with monopoly and duopoly positions in critical US naval vessel categories.
The company currently trades at an attractive 15x P/E multiple despite improving growth prospects and a significant backlog worth $48.7 billion.
Increasing national importance following notable policy developments from the current Trump administration suggest a clear path to upside.
The current economic environment is volatile and uncertain, which makes this defense stock even more attractive…
