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Investing Topics: Defense Stocks

Pivoting Defense Spending

By Yiannis G. Mostrous on Dec. 17, 2016
If the new administration lives up to its promises and increases the defense budget during its time in office, current equity valuations in the industry should be sustainable. But prospective investors should remember that the new administration’s first proposed budget will be for 2018, so the defense industry’s financial results won’t receive a bump until 2019. And not all companies will benefit to the same degree.

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