January 22, 2013 at 16:26 PM EST
Why Defense Stocks Are Doing Well, Despite Earnings Expectations
Looking at the performance of defense stocks, you wouldn't realize the nation was in a budget crisis and the Pentagon has a financial target on its back. Defense shares have continued to be positive going into earnings season (Boeing aside due to 787 problems), even though most analysts believe earnings will be lower than a year ago.
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