Promising Defense Stocks Worth Watching – January 7th

Rocket Lab, Boeing, and GE Aerospace are the three Defense stocks to watch today, according to MarketBeat’s stock screener tool. Defense stocks are shares of companies that design, manufacture, or supply military, aerospace, and homeland-security equipment and services—for example, weapons makers, aircraft builders, and defense electronics contractors. Investors often treat them as a sector that can provide relatively stable, contract-driven revenue during periods of geopolitical tension. (Not to be confused with “defensive stocks,” which refers to consumer staples or utilities that hold up in economic downturns.) These companies had the highest dollar trading volume of any Defense stocks within the last several days.

Rocket Lab (RKLB)

Rocket Lab USA, Inc., a space company, provides launch services and space systems solutions for the space and defense industries. The company provides launch services, spacecraft design services, spacecraft components, spacecraft manufacturing, and other spacecraft and on-orbit management solutions; and constellation management services, as well as designs and manufactures small and medium-class rockets.

Boeing (BA)

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through Commercial Airplanes; Defense, Space & Security; and Global Services segments.

GE Aerospace (GE)

GE Aerospace (also known as General Electric) is a company that specializes in providing aerospace products and services. It operates through two reportable segments: Commercial Engines and Services and Defense and Propulsion Technologies. It offers jet and turboprop engines, as well as integrated systems for commercial, military, business, and general aviation aircraft.