Where to get a defense industry ETF? It’s likely one of the few sectors where momentum is expected. I did jump into Scandinavian Astor Group and the run was incredible, +30 percent in a short time. Then it came down and I got stuck. Now it’s knocking on the 10 SEK limit. These ‘baggers’ are of course always quite a risk, making them tempting to get into. A small stake doesn’t bring big profits even if the price climbs high.
Rheinmetall, SAAB, and Kongsberg have already risen quite high. Sure, the outlook is good and the order books are long. Are we already in a correction phase for these?
That’s why a good sector ETF could be a more stable option, including US stocks. What kind are available?
