An action packed week ahead of us. Important quarterly results and the outcome of FOMC meeting will most likely set the tone for the markets for coming weeks. All major US indices appear to have taken a break from January rally as they finished the day in solid red. Before the week gets into the action mode, let's checkout a defense sector stock simply because it had entered the discounted zone in recent past and has made some headlines in recent past. Besides, there the world is perhaps increasing its defense budget as it is awakened to the current reality of rapidly changing geopolitics.
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