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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Posted by chrishaiden66 > 2017-04-07 21:50 | Report Abuse
If you're looking in the rearview mirror, the answer sure looks like it should be "yes!" Over the past year, the top five biggest military stocks listed on U.S. stock exchanges gained an average of 36% -- and that's not even counting their dividends! Defense was one of the hottest sectors in the stock market in 2016. But 2017 might not turn out so hot for investors. The reason: Military stocks are not cheap anymore. Not even close. The president is scheduled to address Congress at 9 p.m. Eastern and analysts are expecting him to offer details of his plans for military spending. Trump made the promise to governors at the White House Monday and said that the bump would be funded by savings across all other government departments. The president is scheduled to address Congress at 9 p.m. Eastern and analysts are expecting him to offer details of his plans for military spending. The Office of Management and Budget said Monday that the budget would seek $54 billion in extra spending on defense, equal to a 10% rise. Trump’s budget proposal will be released in mid-March, according to OMB communications director John Czwartacki, and the focus on military spending will likely require Congress to pass a new deal to lift caps on military spending, which are slated to return in best defence stocks in 2017. There are any number of reasons to like military stocks -- their ability to generate steady sales and profit in almost any market, their above-average dividend yields, and, of course, their recent outperformance on the stock market. But to my eye, there's one big reason to distrust the ability of defence stocks to continue to outperform in 2017. http://www.profitconfidential.com/stocks/best-defense-stocks-invest-trump/