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European Defence Industry : just the initiation of a major bull

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Given NATO admonition to political leaders to prepare for possible confrontation with Russia in 5 years and the deterioration of the situation in Ukraine, the EU has decided a massive plan of arm production where states are the customers of defense companies.

https://defence-industry-space.ec.europa.eu/around-eu2-billion-strengthen-eus-defence-industry-readiness-including-ramp-ammunition-production-2-2024-03-15_en

The SIPRI Arms Industry Database lists all major producershttps://www.sipri.org/databases/armsindustry

We selected

SAAB
https://www.tradingview.com/x/rv8KBOTA/

LEONARDO (Finmeccanicca)
https://www.tradingview.com/x/eFUb7Ukp/

RHEINMETALL
https://www.tradingview.com/x/xLh0K4fY/

SAFRAN
https://www.tradingview.com/x/kNny1o4U/

AIRBUS
https://www.tradingview.com/x/hVG9Xebb/

HENSOLDT
https://www.tradingview.com/x/hVG9Xebb/

KONGSBERG
https://www.tradingview.com/x/hVG9Xebb/

Needless to say, our portfolio of these stocks looks very bullish

Performance since October 2023 is greater than that of the Seven Magnificent

FRED-RABEMAN
Also on:
Beyond Technical AnalysisTrend Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Beyond Technical AnalysisTrend Analysis
FRED-RABEMAN
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.