Sell-off despite rearmament: These defense stocks benefit from the drone age!

Since the start of the Iran War, U.S. defense stocks have plummeted despite the influx of orders. Analysts see this as a buying opportunity. It sounds paradoxical : Since the end of February, the Iran War has been raging, defense budgets in the U.S. and Europe are rising, and the Pentagon is ordering drones, interceptor missiles, and ammunition. Nevertheless, Lockheed Martin, Northrop Grumman, General Dynamics, and L3Harris have lost an average of about 23% since then, with drone specialists Kratos and AeroVironment losing more than half. This...