Defense stocks could do no wrong in 2017, climbing steadily higher throughout the year, but investors in recent days have soured on the primes in the wake of first-quarter earnings that failed to live up to elevated expectations. General Dynamics (NYSE: GD)and Raytheon (NYSE: RTN), two of the best-run companies in the industry, are down 5.
91% and 7.44%, respectively, since April 24.Better Buy: General Dynamics Corporation vs. Raytheon
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