Time to Buy Aerospace Defense Stocks for Higher Highs
From Nasdaq: 2025-05-29 18:36:00
Several Aerospace Defense stocks on the Zacks Rank #1 list have hit new 52-week highs due to increased global military spending and demand for defense technology. Howmet Aerospace and Safran are top performers in the Aerospace-Defense Industry, with year-to-date gains of +55% and +35% respectively, outperforming the industry’s return of +17%.
In the Zacks Aerospace-Defense Equipment Industry, Astronics, Elbit Systems, and Triumph Group are standouts, with projected EPS growth rates above 18.54% for 2025. Astronics, a manufacturer of specialized lighting and electronics for aircraft, has seen gains of nearly +100% this year, while Elbit is a leader in Night Vision Goggles Head-Up Displays.
The Zacks Research Chief has identified a stock with the potential to double in the coming months, highlighting it as one of the most innovative financial firms with a fast-growing customer base and cutting-edge solutions. This stock could surpass previous Zacks’ Stocks Set to Double like Nano-X Imaging, which gained +129.6% in 9 months.
Read more at Nasdaq: Time to Buy Aerospace Defense Stocks for Higher Highs