Posted by chrishaiden66 > 2017-04-10 23:16 | Report Abuse

Military defense is always at the front line of a nation’s security. With political tensions on the rise around the globe, defense stocks are one of the smarter money-investing decisions to make. Spending on defense occupies a big share of the government’s budget. For this fiscal year in the United States, the government has set aside $854 billion in its budget for the Departments of Defense and State. With newly elected President Donald Trump occupying a seat in the White House and intensifying border protection, best defense stocks for 2017 are on the rise, allowing defense contractors to outperform the market. The United States is No. 1 in military spending, totaling $596 billion as of 2015. In fact, military spending in the U.S. constitutes 37% of the global total, as reported by the Stockholm International Peace Research Institute. Compare that to the next seven biggest military spenders: China, Saudi Arabia, Russia, the United Kingdom, India, France, and Japan, which total $567 billion all together, as reported by the National Priorities Project. Military spending is pursued in countries whose foreign policy objectives include war and peace. President Donald Trump has unveiled plans to boost defense spending at the expense of foreign aid and various environmental programs. Trump’s pledge to significantly increase federal spending related to national security was cheered by Republicans, while his team is preparing to create an infrastructure “task force” that will help carry out the ambitious federal spending program. Since Trump’s startling election victory in late 2016, stocks have more or less gained momentum. In particular, defense stocks see a boost. http://www.profitconfidential.com/stocks/best-defense-stocks-invest-trump/

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