Josh Brown's best stocks in the market: Aerospace & defense

Core Viewpoint - The aerospace and defense sector is experiencing significant growth due to increased military spending globally, with the United States alone projected to spend $900 billion this year, marking an all-time high [2]. Group 1: Market Trends - Countries worldwide are arming and rearming at unprecedented levels, contributing to a secular tailwind for the aerospace and defense industry [2]. - The sector has seen remarkable performance this year, and this trend is expected to continue [2]. Group 2: Stock Analysis - L3 Harris is identified as having the weakest chart among the three stocks but has shown potential for catch-up to market leaders [3]. - General Dynamics is highlighted as a leader in the sector with a strong performance, showing consistent buying on dips and a target price of $375 before potentially dropping to $325 [4]. - RTX has demonstrated bullish action, bouncing off recent lows and maintaining momentum, with the RSI still in the high 60s, indicating it is not overbought yet [4][5]. Group 3: Investment Sentiment - There is a strong buying interest in these stocks, with buyers consistently entering on red days, indicating a bullish sentiment in a secular bull market [5]. - The momentum for RTX is building, suggesting it may be a good candidate for future investment [6].