Rheinmetall is the top Favorite of JPMorgan. Will the Trend Continue After a Price Target of €2,250 and a Large Ammunition Order?

If you want to invest in the defense sector, then Rheinmetall (WKN 703000) is a favorite, as the company has recurring business through the sale of ammunition, among other things. This makes the group more appealing than companies like Renk or Steyr Motors. There are now three developments that could lead to a breakout from the consolidation for the stock: 1.) Agencies report a partial halt on U.S. arms deliveries to Ukraine. The U.S. wants to pull back. Europe will need to supply more equipment and ammunition in the future. 2.) On Thursday,...