Best Defense Stocks To Consider - October 23rd

Key Points

• Boeing, Rocket Lab, and GE Aerospace are identified as the top defense stocks to consider, reflecting strong trading activity in the defense sector.
• Defense stocks are regarded as stable investments due to their connection with government defense spending, which tends to be less affected by economic fluctuations.
• Each company mentioned specializes in different areas of defense, with Boeing focusing on military aircraft and missile defense, Rocket Lab on space launch services, and GE Aerospace on aerospace products and services.

Boeing, Rocket Lab, and GE Aerospace are the three Defense stocks to watch today, according to MarketBeat's stock screener tool. Defense stocks are shares of companies that design, manufacture, or provide services related to military and national security — including weapons, aircraft, naval vessels, defense electronics, and cybersecurity. Investors view them as relatively stable, long-term plays because government defense spending can be less sensitive to economic cycles, though they carry political, regulatory and budgetary risks. These companies had the highest dollar trading volume of any Defense stocks within the last several days.

Boeing (BA)

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through Commercial Airplanes; Defense, Space & Security; and Global Services segments.

Read Our Latest Research Report on BA

Rocket Lab (RKLB)

Rocket Lab USA, Inc., a space company, provides launch services and space systems solutions for the space and defense industries. The company provides launch services, spacecraft design services, spacecraft components, spacecraft manufacturing, and other spacecraft and on-orbit management solutions; and constellation management services, as well as designs and manufactures small and medium-class rockets.

Read Our Latest Research Report on RKLB

GE Aerospace (GE)

GE Aerospace (also known as General Electric) is a company that specializes in providing aerospace products and services. It operates through two reportable segments: Commercial Engines and Services and Defense and Propulsion Technologies. It offers jet and turboprop engines, as well as integrated systems for commercial, military, business, and general aviation aircraft.

Read Our Latest Research Report on GE