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Barchart
Aditya Raghunath

1 Defense Stock Cathie Wood Is Buying Now as the U.S.-Israel War on Iran Heats Up

Cathie Wood Kratos Iran Israel KTOS ARK United States Northrop Grumman

Last weekend, the U.S. and Israel launched widespread strikes on Iran, killing Supreme Leader Ayatollah Ali Khamenei after his 36-year rule. Iran struck back, hitting U.S. bases in the Middle East and killing five American troops, with the current total at six. President Trump warned the war could go on for four to five weeks, but added it could last “far longer.” 

Markets reacted fast. Lockheed Martin (LMT) rose 2.83% on Monday. Northrop Grumman (NOC) jumped 6%. In Europe's STOXX 600, BAE Systems (BAESY)climbed around 6%, and Hensoldt rose 5%, according to CNBC.

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