I already invest in BAE Systems shares, and I’ll be holding my position. In the current febrile geopolitical climate, I want exposure to the defence sector in my portfolio. This FTSE 100 firm is a very high-quality player in that arena.
Even at today’s level, the stock is still worth considering for new investors. But overvaluation risks are rising and should be monitored closely.
Quick look a basic line chart, it appears we are certainly on a trajectory north. Think I'll hold for a few more days, perhaps into next 2 weeks. Feel this has a ways to go yet!