How to Invest in Defense Stocks
There's no doubt about it: Defense stocks are not cheap. Over the past year, shares of America's five biggest defense companies have shot up more than 37% in price. One military stock in particular -- Raytheon (NYSE: RTN) -- now costs more than twice the one-times-trailing-annual sales valuation traditional among defense contractors, while the average big military stock costs more than 180% of annual sales.
Military stock
TTM Stock Performance
Source: Fool.com
Boeing Co. Stock
€167.04
0.110%
Our community is currently high on Boeing Co. with 30 Buy predictions and 5 Sell predictions.
As a result the target price of 233 € shows a positive potential of 39.49% compared to the current price of 167.04 € for Boeing Co..