May 28
Michael Filloon submits:
Aerospace and defense companies are still looking good on a
valuation basis. With increased inflation looming, many consumers
are going to have to cut back on spending in the interim. These cutbacks will hurt many of the United States’ sectors and make it
difficult to find good stocks to buy. Aerospace and defense is
somewhat insulated from this, as much of what is done is through
contracts. Many of these contracts are with governments that have
already allotted the money to be spent. There is always a chance
…
