In a world brimming with turmoil, select defense stocks present a compelling investment opportunity in light of heightened tensions.
The persistent conflict in Israel, drone strikes in Iraq fueling Middle East unrest, ongoing geopolitical challenges including Ukraine, and the U.S.’s ongoing issues with North Korea and China collectively underscore the indispensability of certain top defense stocks. Light shines brightly on these stocks as the world around them grows increasingly grim.
Ducommun’s Aerospace Ascendancy
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Ducommun (NYSE:DCO) operates in the aerospace product realm. While not as renowned as its peers, it undoubtedly deserves investors’ attention. Earnings released in November stood strong, with earnings per share topping estimates by over 15% and revenues surging to a record high of $196.25 million, a growth of more than 5%. This makes DCO a stalwart candidate among the top defense stocks to buy, currently trading just below $50. Analysts foresee a potential rise to approximately $65 in the medium term.
