Friday, January 3, 2020

These Seven Defense Contractors Would Benefit From A War Against Iran

US Marine Corps/Lance Cpl. Julian Elliott-Drouin

Markets Insider: These 7 aerospace and defense stocks are getting a huge boost from Trump's strike on Iran

Aerospace and defense firms are among the few groups of stocks soaring in Friday trading, with new fears of conflict between the US and Iran boosting war-driven industries.

A US airstrike approved by President Trump killed top Iranian general Qassem Soleimani on Thursday, ratcheting up tensions between the two nations and tanking prices for many risk assets.

Save-haven investments like gold surged, and the price of oil surged as analysts considered how Iran could harm the global oil supply.

Here are the seven major aerospace and defense stocks jumping in Friday trading, ranked in ascending order of intraday performance.

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WNU Editor: War and money have been walking hand in hand since the beginning of time.

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