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Stock impact report

Is Planet Labs PBC (NYSE:PL) the Best Aerospace and Defense Stock to Buy According to Analyst? [Yahoo! Finance]

Planet Labs PBC Class A (PL) 
Company Research Source: Yahoo! Finance
where Planet Labs PBC (NYSE:PL) stands against other best aerospace and defense stocks to buy according to analysts. On February 13, CNBC reported that President Trump's statement regarding a potential reduction in US defense spending triggered a drop in defense stocks. During a White House event, the President proposed cutting the defense budget in half, stating that there is no need for the United States to spend nearly $1 trillion on the military. He mentioned plans to discuss this idea with China and Russia in future meetings. This sent mixed signals regarding military spending. On the one hand, he has emphasized the need for a strong military and proposed initiatives like the “Iron Dome of America,” a missile defense system. On the other hand, he also suggested significant cuts to defense spending, aligning with broader efforts to reduce government expenditures. To discuss this, TD Cowen's Roman Schweizer joined CNBC for an interview on February 14. He noted that setting asid Show less Read more
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