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Top Defense Stocks To Watch Today - September 7th

Boeing logo with Aerospace background

Key Points

  • Boeing, Celestica, and Citigroup are highlighted as top defense stocks to watch, driven by high trading volumes and reliance on government defense budgets.
  • Defense stocks are viewed as resilient investments, maintaining steady revenue even during economic downturns.
  • Celestica specializes in supply chain solutions and offers a variety of manufacturing and engineering services across multiple regions.
  • Five stocks to consider instead of Boeing.

Boeing, Celestica, and Citigroup are the three Defense stocks to watch today, according to MarketBeat's stock screener tool. Defense stocks are equity shares of publicly traded companies that design, manufacture and supply military and defense-related equipment, aerospace products and cybersecurity services. These firms—often including weapons contractors, aircraft builders and technology providers—rely on government and allied nation defense budgets for the bulk of their revenues. Investors frequently view defense stocks as relatively resilient, since defense spending tends to remain steady even in economic downturns. 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

Celestica (CLS)

Celestica Inc. provides supply chain solutions in North America, Europe, and Asia. It operates through two segments: Advanced Technology Solutions, and Connectivity & Cloud Solutions. The company offers a range of product manufacturing and related supply chain services, including design and development, new product introduction, engineering services, component sourcing, electronics manufacturing and assembly, testing, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics, asset management, product licensing, and after-market repair and return services.

Read Our Latest Research Report on CLS

Citigroup (C)

Citigroup Inc., a diversified financial service holding company, provides various financial product and services to consumers, corporations, governments, and institutions worldwide. It operates through five segments: Services, Markets, Banking, U.S. Personal Banking, and Wealth. The Services segment includes Treasury and Trade Solutions, which provides cash management, trade, and working capital solutions to multinational corporations, financial institutions, and public sector organizations; and Securities Services, such as cross-border support for clients, local market expertise, post-trade technologies, data solutions, and various securities services solutions.

Read Our Latest Research Report on C

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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