My Top Defense Stock to Buy Right Now
Defense stocks were a relative safe haven during COVID-19, with the Pentagon scrambling to keep assembly lines running and payments flowing during the lows of the pandemic.
Still, these are uncertain times for the defense sector. After a half-decade of budget growth, the Defense Department was facing flat budgets even before the pandemic, and added government spending in response to the crisis could further crimp Pentagon outlays.
There are still good investment opportunities in defense, but we're at a point in the cycle where it pays to be careful. Here's why L3Harris Technologies (NYSE: LHX) is tops on my radar among defense stocks right now.
Source Fool.com
