<span>STORY: Defense stocks soared on Monday as Lockheed Martin and Palantir Technologies gained.</span><span>Conversely, travel and airline stocks fell due to flight cancellations, high jet fuel costs and widespread closures of Middle Eastern airspace.</span><span>“We generally avoid discretionary businesses, such as travel that does not have a significant amount of recurring or recurring revenue, or airlines that have a significant amount of cyclicality and do not have a significant amount of recurring revenue,” Shaposhnik said.</span>
