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Elizabeth Warren said defense contractors should stop buybacks and dividends after the top five companies spent over $100 billion since 2020.
Read original at benzingaWhile Palantir Technologies has delivered strong earnings and soaring stock performance, its high P/E ratio of 150 makes it expensive. The article recommends Lockheed Martin and General Dynamics as better value alternatives for defense spending exposure, citing their lower P/E ratios (22 and 24 respectively), substantial backlogs, steady long-term contracts, and shareholder-friendly capital returns through dividends and buybacks.
Read original at the-motley-foolHegseth urges Congress to support $1.5 trillion Pentagon budget to honor Lindsey Graham. Trump proposes a 66% increase in military spending.
Read original at benzinga