LSE:BA.Aerospace & Defense
Assessing BAE Systems After Its 50% Surge Amid Strong Defense Backdrop
If you are wondering whether BAE Systems is still attractive after its huge run, or if you are arriving just as the value story is fading, you are in the right place.
The stock is up 49.7% year to date and 49.3% over the last year, even after a recent 4.5% pullback over the past month and a 6.3% bounce in the last week. This suggests sentiment is strong but becoming more volatile.
Those moves are happening against a backdrop of robust defense spending commitments across NATO countries and...