Northrop Grumman: This is Morgan Stanley's new top Pick. Three Reasons why the big Picture Breakout is Underway!

In the USA, the stock of defense contractor Northrop Grumman (NOC) is considered a leader stock, as the distance to the 52-week high is only 4.5% and the big picture breakout is imminent. Three reasons suggest that it will be successful. 1.) The USA is pursuing tariff deals to improve the trade balance deficit with other countries. The sale of military goods worth billions of dollars is a straightforward way to export more goods manufactured in the USA. 2.) Taiwan and the EU have already signaled that they would procure more military equipment...