IPO Stock Of The Week: Defense Leader Loar Sets Up New Buy Point But Pulls Back To Key Level

Recent initial public offering Loar (LOAR) is the IPO Stock Of The Week as it offers a new buy point and attempts support at a key level. The defense stock also sits on Investor's Business Daily's IPO Leaders screen. Loar manufactures components for military and aerospace platforms. It supplies such defense giants such as Boeing (BA), Airbus (EADSY) and Lockheed…