Following the Russia-Ukraine geopolitical crisis, the defense sector has seen a surge in demand and spending. Amid heightened tensions, investors could benefit from holding fundamentally strong stocks BAE Systems plc (BAESY), Moog Inc. (MOG.A), and CPI Aerostructures, Inc. (CVU) through the end of the month.
Tensions between the U.S and China have been rising, with things escalating recently after the U.S. shot down an alleged Chinese spy balloon. As geopolitical issues prevail, countries are compelled to safeguard their territories from potential adversaries at any cost. We have thus seen an increased emphasis on enhancing air defense services.
