Even After Trump's Tariff Turmoil, Defense Stocks Cost Too Much
It's a dangerous world, and this is driving up defense stock prices. For new investors looking to buy, this is not a good thing.
It's not always fun being right -- especially when you write about defense stocks, and you have to tell people that defense stocks are too expensive to invest in right now.
After reviewing the skyrocketing prices of large defense aerospace and contractors last year, I concluded that defense stocks cost too much. Checking back on valuations after prices had fallen in January, I had to remind investors that defense stocks still cost too much. Sad to say, I was right both times, and many defense stocks are continuing to lose value today.
But are they finally cheap enough to buy now?
