It should come as no surprise to anyone that with a war on European soil, instability in numerous European countries, and a monumental push towards defense spending and NATO rearmament, companies supplying towards these ends should be expected to be doing quite fine.
Indeed, as the US AI market rally falters, the theme of aerospace and defense stocks in Europe is growing almost by the day. Strong stocks from that industry, including the German Rheinmetall AG (RHM) and Hensoldt AG (HAG), Swedish Mildef Group (MILDEF) and Invisio AB (IVSO), Dutch Theon Intl. (THEON), French Thales (HO) and Safran SA (SAF), or Italian Leonardo SpA (LDO) are rallying hard and on strong volume.
Take a look at the excellent MILDEF below. Producing rugged electronics, speculation on future demand of their products is rampant, with the stock advancing >100% in less than a month:
While the US, Canadian, Australian and Japanese equity markets have become minefields for now (pun intended), it pays to look over the garden fence. If you can reconcile speculation in defense stocks with your conscience, this might just be the next big thing.
It’s happening anyway, might as well make some money off of it.
So long ,
TGS