Is AAR Corp. (AIR) Among Defense Stocks with the Highest EPS Growth in 5 Years?
From Yahoo Finance: 2025-04-08 18:13:00
- The world is seeing a rise in conflict zones, with Russia-Ukraine and Israel-Gaza conflicts escalating. Global defense spending hit a record $2.46 trillion in 2024 due to growing security threats. European and Asian defense stocks are surging, but American stocks are subdued amid budget concerns and changing geopolitical dynamics.
- AAR Corp. (NYSE:AIR) is among the top defense stocks with a 44.78% EPS growth over five years. The company focuses on aviation and defense, recently selling its Landing Gear Overhaul business to optimize its portfolio. Despite falling short of revenue expectations, AAR Corp. reported a 16% increase in adjusted diluted EPS.
- Analysts remain optimistic about AAR Corp., with an average upside potential of 61%. Hedge funds are increasing their stakes, showing confidence in the company’s growth potential. While defense stocks are promising, AI stocks may offer higher returns in a shorter timeframe. Consider exploring the potential of AI stocks for better returns.
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