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🛡️ Growing political tensions forced Europe to take matters into its own hands, and markets noticed - European defense stocks trade significantly higher than American counterparts, and much higher than the famous US tech Magnificent 7.
The European Defense 7 (Rheinmetall, Thales, BAE Systems, Rolls-Royce, Leonardo, Safran, Dassault Aviation) show substantial valuation multiple growth and much better performance compared to the US Defense 10 (GE Aerospace, Boeing, RTX, Lockheed Martin, TransDigm, General Dynamics, Howmet Aerospace, Axon, L3Harris, Northrop Grumman).
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