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New threats may keep defense bull market going

Lockheed Martin F-35 fighter jet.

Roslan Rahman | AFP | Getty Images
Lockheed Martin F-35 fighter jet.

Defense stocks are sitting near all-time highs and investors are asking, is it too late to get in?

Lockheed Martin, Raytheon and Northrop Grumman have made the most convincing moves higher, but even Boeing and General Dynamics, with large exposure to commercial aviation, have fared well lately.

One look at the front page of any newspaper and it’s easy to see why the defense rally has legs. Syria, ISIS, North Korea and cyberwarfare all point to a secular tail wind for the industry that isn’t likely to end soon.

[“source -cncb”]

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