Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

3 Top Defense Stocks to Buy in January

TheMotleyFool

0 0

Intensifying geopolitical relations in addition to a pro-military administration have been good news for the defense sector -- raising the Spade Defense Index 37% in 2019. Government spending for federal contractors in fiscal 2019 was $1.4 trillion, awarding several defense contractors substantial contracts.

Owning defense stocks ahead of elections is risky. However, the three companies below are well-established contractors, each paying a strong and growing dividend while offering diversified revenue streams.

Here's why Lockheed Martin (NYSE: LMT), Raytheon (NYSE: RTN), and General Dynamics (NYSE: GD) are the top defense stocks to buy in January.

Source Fool.com

Like: 0

RTN

Share