Key insights
- The author suggests that leading defense stocks like LMT and NOC appear undervalued based on fundamental models, supported by increasing global military budgets and potential technical signals. They recommend accumulating these stocks, implying a bullish outlook for the sector and a potentially positive, albeit limited, influence on the broader US equity market.
So ran some models on stocks on the sectors, looks like LMT, NOC ant other defence leaders seems undervalued fundamentally.
War isn't going anywhere. - not talking about Iran, I am talking about the concept of war.
Countries all around the world are just increasing military budgets.
On the technical side the charts also signals capitulations mark - I am not too into that technical analysis but it shows that on valuedge.app where I run the intrinaic value so it's just a bonus.
I think this is great time to start accumulation, thoughts?