3 Growing European Defense Stocks
Investors looking for something outside the artificial intelligence (AI) craze may want to consider hopping across the Atlantic Ocean for a closer look at the European defense industry. Developments there have created a powerful secular trend that could continue for some time, and investors should consider putting their money behind the trend.
February 2026 will mark the four-year anniversary of Russia's invasion of Ukraine, which is considered part of Eastern Europe. This escalation of a conflict into outright war has understandably changed the attitude many European countries have had toward maintaining their own military capabilities.
Members of NATO, Europe's main military alliance, have a collective agreement to defend each other in the event of an attack. As such, they are supposed to commit a percentage of their gross domestic product (GDP) toward defense spending.
Source Fool.com
