It’s widely known that the U.S. tends to lead the pack when it comes to developing the most advanced military tech. But we’re finally experiencing something we haven’t seen in decades…
China’s ahead of us in the next-generation weapons race.
That’s because we’re highly competitive and defensive…
And as a result of the U.S. desperately trying to become the leader in supersonic missiles once again, there are a few aerospace stocks set to benefit from this military spending in a BIG way…
2 Aerospace Stocks Set to Benefit From Military Spending
The first aerospace stock set to benefit from military spending is Raytheon Technologies Corp. (NYSE: RTX).
It’s one the world’s largest aerospace intelligence services providers and defense manufacturers. RTX provides advanced systems to commercial, military and government customers.
RTX’s one-year return is about 64%!
But what I like most about this company is its dividend growth — it’s 1,362% in five years! Anything over 100% is great, so this is a big, big number.
I have a price target on the stock of $106 per share over the next three months.
RTX is positioned as a swing trade right now, meaning we only want to hold it for about 12 weeks or less and then take profits.
That means it could give investors a nice profit over the next three months.
However, the second aerospace stock set to benefit from military spending is a buy-and-hold trade more for the long haul.
So I’m giving everyone one swing and one buy-and-hold trade in this video.
Check out my short video below to get the next aerospace stock set to benefit from the supersonic missile race.
Don’t forget to like and subscribe to our YouTube channel if you haven’t already so you can be notified as soon as we post our next video and see what other trade opportunities we’re paying close attention to!
P.S. Most traders have no idea what’s been happening behind the scenes on Wall Street…
But for the past two years, I’ve been investigating the work and research of some of its biggest firms…
And I found that they’ve been setting automated trading machines on the loose with billions of dollars in capital to back their positions…
Triggering perfect stock runs for themselves!
But with my Project 62 strategy, we have the chance to finally catch a stock before Wall Street sets its algorithms loose on them.