From Nasdaq: 2025-02-17 07:15:00

Tech defense giant Palantir Technologies (NASDAQ: PLTR) has seen a remarkable 368% surge in shares in the past year, outpacing the S&P 500 and Nvidia. While its growth potential remains high, the stock trades at a steep 208 times forward earnings, making it one of the most expensive stocks in the market.

Emerging tech defense companies like BlackSky Technology (NYSE: BKSY) and Redwire (NYSE: RDW) show promise in the specialized sector. BlackSky, with a 40% share increase, focuses on real-time space-based intelligence, while Redwire, up 690%, offers essential space infrastructure components. Both companies have secured significant contracts and demonstrate strong potential for growth.

Archer Aviation (NYSE: ACHR) has shifted focus towards defense applications, partnering with Anduril Industries to develop hybrid VTOL aircraft. With a 90% share increase, Archer raised $300 million and is well-positioned to capitalize on defense opportunities. Investors may want to consider these emerging players in the tech defense industry for potential growth opportunities.



Read more at Nasdaq: 3 Tech Defense Stocks That Could Be the Next Palantir