Winners and Losers in the Defense Sector
Now that another calendar page has turned, you've probably heard that old market expression, "Sell in May and go away" many times. Of course, going away simply isn't an option for many of us, but if you're searching for something to sell in May, there are some interesting candidates in the defense industry.
With U.S. military pullbacks in effect in Iraq and Afghanistan, and much uncertainty surrounding future military budgets, it's not surprising that this sector is experiencing some softness. The fact that those budgetary issues are unlikely to be resolved in the near future is casting a shadow over this sector, and this uncertainty is now manifesting itself in the charts of some of the industry's leading companies....467 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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