09.09.2013, 17:51
Thema: Raytheon Co. (RTN) Nyse
The biggest problem if you are a defense contractor is peace. In times of peace ordnance is not used up, so profits are reduced. It is therefore very helpful to have close friends in government who can work to bring about conflict situations that result in ordnance being used up, so that order books can bulge again resulting in fat profits. Fortunately for major U.S. defense contractors, they do appear to have such willing friends in high places.
Finally, it is not my place as a chart analyst to pass moral judgment about making money out of cruise missiles being fired at a country, just as it would not be to condemn making money out of tobacco stocks. That’s for you to decide. What’s going to happen is going to happen anyway.
Beiträge in diesem Thema: 3
10.09.2013 , 11:14