NATO Is Getting Put on Notice, and Everyone Should Start Looking at Defense Stocks (LMT, GD, RTX)

As NATO nations increase their defense spending from 2% to 3% of GDP, U.S. contractors like Lockheed Martin and Northrop Grumman are set for growth amidst geopolitical instability.

Geopolitical tensions, including the potential escalation of conflicts in Ukraine and the Middle East, are driving countries like Japan and South Korea to increase weapon acquisitions.

Concerned about global instability, many investors are turning towards high-yield savings accounts offering 4% interest rates for safe financial options.

U.S. defense contractors are anticipated to thrive as NATO countries shift their defense spending, partly influenced by the U.S.'s reduced military involvement in global conflicts.

Read at 24/7 Wall St.