Why KWESST Micro Systems Inc. (KWE) Is Gaining This Week [Yahoo! Finance]
KWESST Micro Systems Inc. (KWE)
Company Research
Source: Yahoo! Finance
The world has been rocked by conflict over the last three years, with Ukraine and the Middle East being the most intense theatres of war. While the human impact of these conflicts has been tragic, the defense industry has profited by luring investors into piling up their stocks. Several of the world's top contractors have seen their shares book all-time highs. READ ALSO: 10 Best Large Cap Defense Stocks to Buy Now and 8 Best Military Drone Stocks To Buy According to Analysts Defense stocks have been volatile this month, with shares falling sharply on February 13 after Trump suggested the country could rapidly cut military spending in the future. He made these comments in the context of a potential future conference with China and Russia to discuss cutting defense expenditure to spend the money in other areas: "When we straighten it all out, then one of the first meetings I want to have is with President Xi of China and President Putin of Russia, and I want to say let's cut our
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