Monday, March 9, 2009

Select Defense stocks poised for a run

Reading recent postings on Barrons Online below indicate it may be time to take a look again at defense stocks

Northrop Grumman: Full Speed Ahead!

"There may be reasons to worry long term, but the pessimism has been overdone in the short- and medium-term," says Myles Walton, an analyst with Oppenheimer. "Even if defense spending has peaked, the drop will hurt some, like Northrop, much less than others."
Walton thinks the shares are ripe for a recovery to more than $60 during the next 12 to 18 months, for a gain of more than 56%. (For another defense-stock candidate, see "A Defense Stock With an Arsenal of Cash," last week's piece about Lockheed.)
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More :
A Defense Stock With an Arsenal of Cash

full article -

Investors might want to take a deeper look at some select defense stocks

Follow the Money in Defense Stocks - Defense Spending on the Rise in United Arab Emirates (UAE)

Homeland Security and Defense Stocks Directory:

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