DRH

Obama Effect Creates Opportunities in Defense Stocks

Wholeheartedly agree that the defense stocks are a good value.

However, the fear that Obama may cut defense is real, not imagined. I think you look at which companies have very long term, high dollar value contracts. In these cases, the gov't may not be able to easily back out of it (without getting hit with high costs), and the contracts don't end until Obama's term is practically over.