Valuation Of Defense Industry Does Not Reflect Robust Outlook

According to Morgan Keegan, the outlook for the defense industry is robust. However, the current valuation of the sector reflects an extremely pessimistic view of market prospects going forward. The analysts believe that investors will receive the best returns by investing in companies that have a strong position in the defense market and have prospects of achieving above industry average growth.

Morgan Keegan considers that the defense industry has significant value and expects “that investors will be able to achieve attractive returns by participating in the space.”

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