Defense stocks may see long-term lift as Russia's actions spur big jump in spending by U.S. allies

Northrop F-5 Freedom Fighters of the Turkish Air Force aerobatic demonstration team.
Adem Altan | AFP | Getty Images

With financial markets in turmoil amid war between Russia and Ukraine, defense stocks have outperformed — and Wall Street expects the trend to continue.

More In Investing trends

CNBC ProStocks including Honeywell and Emerson are under-the-radar beneficiaries of the climate bill
CNBC ProGoldman Sachs says planned energy transition is driving stocks, picks its 'best-in-class' names
CNBC ProGoldman says battery storage, hydrogen and other clean energy stocks are where investors should be