‘Defense is a haven again,’ buy while global uncertainty persists

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Boeing’s final assembly facility in North Charleston, South Carolina.

Travis Dove | Bloomberg via Getty Images

Buy aerospace and defense stocks amid global economic uncertainty and an ongoing trade war, J.P. Morgan said Thursday.

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The firm put out its monthly “Balance of Power” report focusing on good entry points into the market amid a confusing macroeconomic landscape.

“Defense is a haven again,” said J.P. Morgan’s aerospace and defense analyst Seth Seifman. “Defense stocks have outperformed…

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