Are Defense Sector ETFs in the Crosshairs of Weakness?

Are Defense Sector ETFs in the Crosshairs of Weakness?

Multinational investment bank Credit Suisse last week downgraded General Dynamics shares to neutral from outperform, citing that it will fall behind its peers in terms of projected growth for 2019. Does this mean impending weakness in the defense sector, which could affect the Direxion Daily Aerospace & Defense Bull 3X Shares DFEN (DFEN n/a)?



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