Undervalued stocks in Europe’s defence drive

Geopolitical conflict and rising tensions have led to a renewed remilitarisation drive, sparking investors’ interest in defence stocks. European defence budgets are set to grow annually over the next decade, outpacing the likes of China, Russia and the USA, as the continent seeks to address years of underinvestment and reduce reliance on America. As countries undergo the largest remilitarisation campaign since the Cold War, the EU is requiring that the majority of rearmament spending should remain in Europe, which has boosted companies. Explore four undervalued European defence stocks that...