We had previously discussed that, through its exposure to Eastern European countries and its strong Defence portfolio, Rheinmetall was well set to perform extraordinarily well. The recent news of the German government doubling its defence budget should accelerate Rheinmetall’s growth and confirms the positive momentum of the stock.
28 Feb 2022
Explosive surge after Bundeswehr unveils doubling of military budget
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Explosive surge after Bundeswehr unveils doubling of military budget
We had previously discussed that, through its exposure to Eastern European countries and its strong Defence portfolio, Rheinmetall was well set to perform extraordinarily well. The recent news of the German government doubling its defence budget should accelerate Rheinmetall’s growth and confirms the positive momentum of the stock.