The defense industry is known for engineering marvels and cutting-edge technology. As an investment, defense stocks tend to be reliable passive income producers thanks to a business cycle that operates somewhat independently from the broader economy.
These well-rounded companies can be a great source of passive income in a diversified portfolio: Lockheed Martin (LMT -2.22%), Raytheon Technologies (RTX -4.65%), and General Dynamics (GD -3.17%) stand out as three defense stocks to buy now.
Source: Motley Fool
Related Articles:
________________________________________________________________
Subscribe to:
Post Comments (Atom)
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.