To commence, defense stocks refer to the stocks of companies that primarily deal with the production and provision of military equipment and services to governments and military organizations. The demand for defense stocks tends to be influenced by geopolitical tensions, military conflicts, and government spending on defense.
Investors seeking stability and steady growth often turn to defense stocks. This is because government spending on defense is usually considered a necessity and tends to remain relatively stable even during economic downturns.
Here are two defense stocks to watch in the stock market today.
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