After the russian invasion into ukraine, NATO has steadily increased their support against the invasion. Some of the support even came at the expense of members own equipment. NATO even declared to strengthen their alliance in an article posted on their website. NATO leaders are going as far as saying that 2% of GDP should be the new minimum. This could be a bluff against Russia, but if this is for real, this is great news for holders of defense companies shares. Is this a good call to add a few defense companies to my portfolio?
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