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The sell-off in defense stocks opens up new opportunities in my view. According to Reuters, the US sector ETF ITA has lost as much as 18.2% since its August high and has seen seven consecutive weeks of losses. Technically, it approached an oversold level. Record defense spending of $1.5 trillion has been requested for 2027. Transitional financing ends on December 11th. Personally, I took advantage of the dip and increased my holdings in the iShares Global Aerospace & Defence UCITS ETF (WKN A3E1JS). If I had to choose a single stock, General...
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