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Defense stocks see increased volatility amid expectations of Democratic control of Congress

The Motley Fool +1 · ·by G4L

GE GE Aerospace
$335.54 +3.81%
View chart & analysis →
RTX +3.58%ITA ITA +3.90%
  1. 1iShares U.S. Aerospace & Defense ETF has fallen 18.4% from its 52-week high.
  2. 2The iShares U.S. Aerospace & Defense ETF recorded a return of 22.1% from its inauguration in 2021 through the end of 2022.
  3. 3RTX engines are installed on 13,000 commercial aircraft worldwide.

So what's the key point?

Prices for U.S. defense-related products have recently dropped about 18.4% from their recent peak. This product has a record of generating 22.1% returns in the past.

Source The Motley Fool +1 · View original ↗

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