Reflecting on over two decades since the tragic events of September 11th, the memories of that day remain etched in our collective consciousness, a stark reminder of the imperative to protect our nation against acts of terror.
In the realm of investments, the stock market offers a unique avenue to not only seek financial returns but also contribute to the safeguarding of our homeland. Companies in the aerospace and defense sector play a crucial role in enhancing our security measures, thereby kindling a sense of patriotism and global safety.
Exploring the Premier Aerospace-Defense Industry
Standing out in the Zacks Aerospace-Defense Industry, rated among the top 9% of over 250 Zacks sectors, is the renowned Lockheed Martin LMT. Headquartered near the nation’s capital, Lockheed Martin epitomizes excellence as the largest global defense contractor, renowned for its aeronautical innovations and information security solutions.
With a solid YTD growth surpassing 20%, Lockheed Martin’s Zacks Rank #3 (Hold) hints at potential future prospects, coupled with a respectable 2.2% annual dividend yield. The company’s robust financial performance, underscored by a substantial $160 billion backlog, underscores its stability and growth potential in the defense sector.
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Unveiling a Hidden Gem
Notably claiming a Zacks Rank #1 (Strong Buy), Air Industries Group AIRI has emerged as a standout performer in the aerospace-defense industry.
Based in New York, Air Industries has surged over +80% YTD, capitalizing on its expertise as a manufacturer of pivotal defense components, showcasing resilience and growth potential.
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The Rise of Palantir Technologies PLTR
Within the business services sector, Palantir Technologies has captivated investors seeking exposure to cutting-edge homeland security technology.
Based in Denver, Palantir’s AI-driven software platforms cater to intelligence agencies, positioning the company as a pivotal player in national security solutions.
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Parting Words
In the spirit of honoring 9/11, these aerospace and defense opportunities not only present lucrative prospects but also symbolize an investment in the safeguarding of our nation.
Breaking down the “Single Best Pick to Double”
Comb through thousands of stocks, and 5 Zacks experts have flagged their top contenders poised to surge +100% or more in the near future. Among these, Director of Research Sheraz Mian singles out one with the most explosive growth potential.
This particular company targets younger demographics, minting nearly $1 billion in revenue last quarter alone. Seizing the current dip could spell huge gains. While not every pick hits the bullseye, this one stands to outshine previous Zacks’ prophecies like Nano-X Imaging, which soared over +129.6% within a mere 9 months.
Free: Get a Glimpse of Our Top Stock And 4 Runners Up
Lockheed Martin Corporation (LMT) : Free Stock Analysis Report
Air Industries Group (AIRI) : Free Stock Analysis Report
Palantir Technologies Inc. (PLTR) : Free Stock Analysis Report
For more insights, read the full article on Zacks.com here.
The expressions and opinions in this article reflect the views of the author and do not necessarily align with those of Nasdaq, Inc.
