TKMS: Is a 10 Billion Euro Contract Coming from Canada?
Reading Time: 2 minutes
Among the German defense stocks, TKMS currently makes the best technical impression. The stock is sticking to the psychologically important 100 Euro mark, has built up its own momentum, and could break out in the short term. Submarines have gained strategic importance for (nuclear) deterrence in the current geopolitical environment. This offers TKMS the chance for a stronger international business. That's exactly how it appears. The high price-to-earnings ratio of 45, which is expected to drop to 28 by 2028, is becoming less relevant. Stealth...
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