Aerospace and defence companies or exchange-traded funds (ETFs) appeal to many buy-and-hold investors. Therefore, today we discuss FTSE 100 member jet-engine manufacturer Rolls-Royce Holdings (LON:RR) (OTC:RYCEY), which announced full-year results on Mar. 11.
In the past 12 months, RR stock has declined more than 40%. However, since the start of 2021, shares have had a significant run-up and have so far returned more than 10%. On Mar. 11, they closed at 113.8p ($1.53 for US-based stock).
Rolls-Royce Weekly Chart. (Image not shown due to low ratings)
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