Opportunity in Industrial Conglomerates, Aerospace and Defense, and Agricultural Firms
Defense contractors could be a smart play in this volatile environment.
The Morningstar US Industrials Index has underperformed the broader U.S. equity market in early 2020 amid investor concerns about trade tensions, COVID-19, and a potential economic downturn.
Industrials have underperformed the broader U.S. equity market. - source: Morningstar
Brian Bernard has a position in the following securities mentioned above: MMM. Find out about Morningstar’s editorial policies.