Which aerospace and defense stocks are more worth buying?Via stock news

The recent progress of the Pentagon’s defense spending bill in the US House of Representatives for fiscal year 2022, and the expected stabilization of spending by the department, should allow investors to continue to focus on aerospace and defense stocks in the coming months.We consider two outstanding players in this field, Boeing (BA) and Northrop Grumman (NOC), given its dominant market position, should benefit from this background. But which of these two stocks is better to buy now? Let us find out. Boeing (NYSE:) and Northrop Grumman (NYSE:) are two giants in the aerospace and defense fields. BA operates through four divisions-commercial aircraft ; Defense; Space and Security; Boeing Global Services; and Boeing Capital. NOC operates through four departments: aerospace systems; innovation systems; mission systems; and technical services.

As the House Appropriations Committee proposed a $706 billion Pentagon spending bill in a party vote, the aerospace and defense industries are expected to attract investors’ attention in the coming months. In addition, as some countries pay more attention to strengthening their defense capabilities, the demand for aerospace and defense equipment is also increasing. Compared with the SPDR S&P 500 ETF, the iShares American Aerospace and Defense ETF (ITA) and SPDR S&P Aerospace and Defense ETF (XAR) have returned 29.1% and 36.8%, respectively, in the past nine months, which proves the investment Investors’ interest trust in the field (SPY) rose 25.1%. The global aerospace and defense market is expected to reach 973.2 billion US dollars by 2025, with a compound annual growth rate of 6%.

Although NOC has risen by 15.7% in the past nine months, BA has returned 35.6%. However, in terms of performance over the past six months, NOC has clearly won with a return of 21.1%, while BA has a return of 9%. But which of these two stocks is the better choice now? Let us find out.

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