HomeDryden Pence's Outlook For Defense Sector
Dryden Pence's Outlook For Defense Sector

Dryden Pence, Chief Investment Officer of Pence Capital Management, looks to the defense sector and says it has reasonable valuations and dividend yields. He says that defense spending as a share of GDP is near historical lows and the U.S. defense budget is 21% higher that 4 years ago. He likes Lockheed Martin and Northrop Grumman.

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04 Mar 2021

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