UK A&D Sector: BAE Systems, Rolls Royce, EasyJet, Meggit
In today's Tip TV Finance Show, we offer the outlook for key UK A&D Stocks with Lee Mansell, Operations Director, Operational Solutions, and Paul Wallace, Trader and Coach for Trading Beliefs.
Key Points Rolls Royce: Long-term fundamentals remain robust.
EasyJet: Not really recovered from the start of year turmoil. Not surprising if it remains rangebound for some time. Need a consumer-led recovery.
Meggit: High exposure to energy sector. Now, tracking much more like an A&D company.
Significant investment in R&D in the aerospace and defence industry, looks like positioning for growth.