The defense industry is currently experiencing a boom, and the stocks of Rheinmetall ($RHM (-1,89 %)) and HENSOLDT ($HAG (+0,92 %) ) are leading the way! 📈 Analysts are optimistic and are raising the price targets for Rheinmetall to as much as 1,085 euros. The reason? "Tectonic shifts" in European defense policy, which are being amplified by pressure from the USA.
The challenges facing Europe are enormous: rising defense spending, the rebuilding of the Ukrainian army, and military support after a possible peace agreement. This could further boost the growth of the industry.
In the DAX, $RHM even briefly approached the 1,000-euro mark before the stock slightly pulled back. This year alone, it has already gained 55%! What do you think of this development? Is now the right time to invest, or should one wait? 🤔