In yesterday’s edition of StreetAuthority Daily, I made the case that investors should look to increased military spending by the new Trump administration and Republican-controlled congress as a strong catalyst for investing in the sector. The pick I shared in that article was a company that’s responsible for the construction of the bulk of the current U.S. Navy fleet. And since the Navy itself has said it will need at least 82 new vessels to maintain operational capacity, it is very likely that this company will continue to benefit. Another way to indirectly benefit from increased military spending in general… Read More
In yesterday’s edition of StreetAuthority Daily, I made the case that investors should look to increased military spending by the new Trump administration and Republican-controlled congress as a strong catalyst for investing in the sector. The pick I shared in that article was a company that’s responsible for the construction of the bulk of the current U.S. Navy fleet. And since the Navy itself has said it will need at least 82 new vessels to maintain operational capacity, it is very likely that this company will continue to benefit. Another way to indirectly benefit from increased military spending in general is with a recent pick made by my colleague Jimmy Butts, Chief Investment Strategist of Maximum Profit. —Recommended Link— 10 Stocks That Will Survive (And THRIVE) In The Era Of Trump Prime your portfolio for a chaotic 2017 with these rock solid, profit-packed stocks. They’re set to soar no matter which direction the market turns, so check out the list here… For those who are unfamiliar, Jimmy’s system uses two important momentum-based indicators to deliver “buy” signals on stocks when they are entering a period of rapid growth, and “sell” signals for when it’s time to book profits and… Read More