User 137633

What Obama's Victory Means for the Defense Sector

Unless Obama gets us into a war with Iran, I don't think defense stocks are where you want to be near-term. The earnings transcripts from a number of defense contractors expect lower growth.

Then again, you never know what's going to happen. Most of us didn't predict 9/11 and the War on Terror. Who knows what the future holds for an aggressive Russia, China, etc.

I've read a number of articles from Scott Sacknoff, and I wish he would go into a little more detail.