Is it time to buy defense contractor stocks? A Trump Presidency could be good for defense contracts.
Trump has a plan for government workers. They’re not going to like it.
President-elect Donald Trump and the Republican-controlled Congress are drawing up plans to take on the government bureaucracy they have long railed against, by eroding job protections and grinding down benefits that federal workers have received for a generation.
Hiring freezes, an end to automatic raises, a green light to fire poor performers, a ban on union business on the government’s dime and less generous pensions — these are the contours of the blueprint emerging under Republican control of Washington in January.
But civilians who have money to invest could benefit from this trend. Someone will have to do the job whether it's privately funded or not. SpaceX might replace NASA or it might not.
So which contractors make it to the "Friends of the US Government" list?
The top 5
- Lockheed Martin Corporation
- The Boeing Company
- Raytheon Company
- General Dynamics Corporation
- Northrop Grumman Corporation
References
https://en.wikipedia.org/wiki/Top_100_Contractors_of_the_U.S._federal_government
Not sure. Isn't he wanting to cut US defence spending? I would have thought infrastructure companies - builders of roads etc - would do better. They have risen already, as have US small cap stocks. Utilities have fallen.
isn't government workers a bit of an oxymoron?
This post has been ranked within the top 50 most undervalued posts in the second half of Nov 21. We estimate that this post is undervalued by $8.65 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Nov 21 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.
If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.