After the budget sequester put a great deal of fear around military and defense contractors, we went into a surprising bullish market for all of them. In fact, I doubt there was a better sector to put your money in over the past five5 years. Out of the top 10 “war lords,” only one didn’t double its value. All the others did even more than that…
I'm a happy shareholder of Lockheed Martin (LMT) for several years and I’m looking to add another military defense company in my portfolio. Today, I’m looking at the possibility of buying shares of Raytheon (RTN).