The military defense industry is one of the essential industries during crises but Elbit's sentiment and fundamentals are strong offering a safe investment especially at a little lower price.

Elbit's sales are inextricably linked to the US and Israel markets but despite the skyrocketing national deficits, the military budgets appear sacrosanct.

Elbit missing analysts' estimates might cause the share price to drop but that will be a buying opportunity for retail value investors.

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