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Benzinga
3 days

US Defense ETFs Could Gain Ground As Europe's War Premium Deflates

1. European defense stocks fell nearly 6% amid calls for peace negotiations. 2. ITA ETF rose over 33% this year, showcasing stability in U.S. defense. 3. High Pentagon budgets support U.S. defense firms amid global tension. 4. Long-term defense budgets continue to grow despite regional conflicts.

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FAQ

Why Bullish?

ITA remains resilient amid geopolitical tensions, highlighting its stability compared to European stocks.

How important is it?

The article emphasizes ITA's stability and positive trends amid European market volatility.

Why Long Term?

Support from ongoing U.S. defense budgets and procurement cycles promotes sustained growth.

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