I look forward to adding growth Self -investing personal pension storage (SIPP). This represents a change in the strategy for me.

In recent years, it focused on value shares, especially the payment of income FTSE 100 Financial data Legal and public group. But I need a break from being contradictory. Today, I want to deal with some momentum. Choose a red growth share, and good luck, I hope it will reach the top.

Of course, both strategies have risks. The valuable arrows can turn into traps, while high growth stocks can collapse. I am particularly careful not to buy after the shares already rise, and this is the exact case with a FTSE 250 The company, which rose 20 % last week.

This is not a flash in the pan though. Her shares have increased by more than 50 % over 12 months and more than 115 % in five years.

Defense demand is increasing

Stocks concerned Chemming collection (LSE: Chig), and has a benefit from working in a very required sector at the present time: defense.

Chemming is a world leader in the detection of chemical and biological threats, electronic warfare and systems that determine the improvised explosive devices. In today’s uninterrupted world, its application set.

This is not the only one who rides this trend. FTSE 100 match Babkok International 13 % jumped last week. BAE systems and Rolls Royce It has also dazzled recently. Fortunately, I hold both.

Chemming got a large elevator on Friday (6 June) when Borenerg analysts upgraded stocks from Hold to Buy, cited a “Very bright” Outlook until 2030. He referred to a pipeline of the energy department in Chemming.

Book of great orders

Berenberg indicated that the stock profits are expected to double 19 % annually over the next three years. Al -Waseet called the price/profits to grow (PEG) from Chemping “Return”And raised its target price from 470 pixels to 670 pixels.

This came hot in the wake of an update in the first half on Tuesday, when Chemming confirmed its annual instructions after reporting a 12 % increase in basic profits to 39.8 million pounds. Applications book set a record of 1.3 billion pounds, with 42 % to 488 million pounds.

The administration has noticed the growing global tensions, from Ukraine and the Middle East to the Asia and Pacific region, where many governments have increased the defense and impulsive budgets to renew the exhausted stocks.

The timing of things

All this explains the last gathering, but even strong stocks can work very far. There are five expenses for analysts for the share, all of this with 12 months of 540 pixels. This is approximately 7 % less than the price of the day 584p. However, all six analysts currently classify their classification as a strong purchase. Nothing says hoping, nothing says selling.

After rapid shooting, Chemming may decrease slightly with the appearance of applicants in the profit, so I was waiting and watching before diving. At a price of 36 profits, it is hardly cheap. Personally, I already have a lot of defense through Bae and Rolls-Royce.

If I haven’t been greatly exposed to this dynamite sector, I will seriously think about buying Chemming in the coming days. There is still a chance, if the heat comes out a little.