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Aerospace and defense sector may keep flying high for years to come

Philip van Doorn
Aerospace and defense sector may keep flying high for years to come

DEEP DIVE Stock prices tend to be driven by increases in earnings. The federal income tax cuts that went into effect this year will no doubt boost profits and potentially share prices. But that party will surely end, after which it is reasonable to expect the aerospace and defense subsector to continue to outperform the broader market.