Elbit Systems has rallied 60% in less than four months. One analyst says it will continue to gain as global demand for defense technology stays high.
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The bank reiterated its buy rating on the aerospace and defense company.
The lead contractor on the F-35 fighter peaked on March 2, literally the first trading day after the Iran war started.
Bank of America found stocks investors can buy in order to gain exposure to the defense sector, which is growing amid heightened…
The bank initiated the aerospace and defense stock with an overweight rating.
"This may be the biggest winner in the NATO budget," CNBC Jim Cramer said Wednesday.
Some regional defense stocks have more than tripled in value since the beginning of the year.
