Magnificent vs Maleficent
All eyes are on the “Magnificent 7” (Apple, Microsoft, Alphabet, Amazon, Tesla, Nvidia, and Meta), whose market capitalizations are shrinking.
However, allow me to draw your attention to the “Maleficent 12″—arms companies whose stocks, in anticipation of future wars, have surged by 82% this year and have risen by 180% over the past two years.
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Airbus Defence and Space (France/Germany/Spain)
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BAE Systems (United Kingdom)
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Dassault Aviation (France)
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Indra Sistemas (Spain)
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Krauss-Maffei Wegmann (KMW) (Germany)
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Leonardo (Italy)
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MBDA (France/United Kingdom/Germany/Italy)
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Rheinmetall (Germany)
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Thales (France)
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