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Chemring looks a good defensive bet

By Gary Newman | Friday 18 September 2015


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Conflicts around the world seem to be on the increase, and if anything it looks likely that we can expect more in the coming years. This is of course bad news for most companies operating in those regions, especially some of the African and Middle Eastern ones, with the exception being those companies that are in the defense and aerospace sector. One such company that would be likely to benefit is FTSE-listed Chemring Group (CHG), which released a fairly bullish trading update earlier this week.


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