2024-02-25 12:45:00 ET
In today's scorching hot stock market, investors may gloss over the favorable qualities of the defense industry.
Defense companies aren't known for their growth. But they benefit from having a reliable buyer in the U.S. government, which provides predictable cash flows that support organic growth, dividend payments, and often, stock repurchases.
Here's why RTX (NYSE: RTX) , Lockheed Martin (NYSE: LMT) , and Honeywell International (NASDAQ: HON) stand out as three defense stocks worth a look.
For further details see:
3 Dividend-Paying Defense Stocks Worth a Look