DUAVF - Dassault Aviation: Huge Prospects And A Massive Cash Pile Make This A Strong Buy
2024-06-19 09:00:00 ET
Summary
- Aerospace and defense budgets are expanding globally, but industry underperformance is driven by cost overruns and supply chain challenges.
- Dassault Aviation offers exposure to fighter jets and business jets, with a promising market share in business jets and growth potential in defense programs.
- Despite challenging 2023 results, Dassault Aviation stock is undervalued compared even at depressed valuation multiples, making it a strong buy with potential for growth in Falcon and defense segments.
...
Dassault Aviation: Huge Prospects And A Massive Cash Pile Make This A Strong Buy