How to Invest in Defense Stocks
There's no doubt about it: Defense stocks are not cheap. Over the past year, shares of America's five biggest defense companies have shot up more than 37% in price. One military stock in particular -- Raytheon (NYSE: RTN) -- now costs more than twice the one-times-trailing-annual sales valuation traditional among defense contractors, while the average big military stock costs more than 180% of annual sales.
Military stock
TTM Stock Performance
Source: Fool.com
Boeing Co. Stock
€172.10
0.960%
The stock is one of the favorites of our community with 38 Buy predictions and 4 Sell predictions.
As a result the target price of 221 € shows a positive potential of 28.41% compared to the current price of 172.1 € for Boeing Co..
