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After the recent price drop, Leonardo offers an attractive risk-reward ratio and is priced at a P/E ratio in the 20s by 2027, which is expected to decrease to 14.5 by 2029. Here are four reasons why I believe the Italian champion is strategically promising: The US Joker: Through Leonardo DRS, the company directly benefits from the planned record-breaking USD 1.5 trillion budget of the USA – a competitive advantage that many purely European competitors are missing. Leonardo's US revenue share is around 25%. European Backbone: The geopolitical...
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