So, we have heard all of these reports in the news of North Korea showing off their missiles and making threats. However, as bad as this sounds, there has been some good. Due to this new "security breech," defense stocks have hit a high point during this time.
Now would not be the time to buy and take the one or two week gain since they have devalued and are at a true weight now. But, the real question is could now be a good time to buy and hold over the next few months to a year.
There seem to be more and more threats hitting our country which is speculated to then increase the need for weapons technology. Firms like Lockheed Martin (LMT) specialize in the creation and manufacturing high-tech weapons. Their factories and innovation labs could be swamped for the next few months.
What are your thoughts on the defense stock market?
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