by winston » Tue Feb 06, 2018 10:14 pm
not vested
THE LONG BULL MARKET IN 'OFFENSE' STOCKS
Today, we take another look at one of the market's most reliable trends...
Longtime readers know we've noted that the U.S. is constantly involved in foreign conflicts. The government spends an extraordinary amount to fund its military goals... so much so, we've said defense contractors could just as easily be called "offense" contractors.
Today, we highlight another company supplying the government with wartime technology...
Rockwell Collins (COL) designs and makes aviation systems for both commercial and military customers. It provides a range of electronic solutions to the U.S. Department of Defense, which it uses for navigation, surveillance, guided missiles, secure data links, training operations, and more.
The company reported $6.8 billion in sales last year, up from less than $5.3 billion in 2016. About 25% of those sales came from U.S. government contracts...
As you can see in the chart below, shares of Rockwell Collins recently hit all-time highs. They soared around 50% over the past year. As the U.S. government continues its long-term spending spree, expect more gains for this "offense" contractor...
Source: Daily Wealth
It's all about "how much you made when you were right" & "how little you lost when you were wrong"