Airbus is a Defense Giant: How Could the Company Benefit From NATO's 5% Spending Target?

The strongest sector trend in Germany is formed by defense stocks. Renk, Rheinmetall, and Hensoldt are booming and marking new 52-week highs. NATO Secretary General Mark Rutten indicated that an expanded spending target of 5% is possible, comprising 3.5% for military equipment and 1.5% for defense-related expenditures. Moreover, market conviction is growing that Russia has no interest in a ceasefire. As the USA is more inclined to withdraw from Ukraine, Europe will be more on its own in the future. Together with the push for greater sovereignty,...