Fri, Jul 11, 2014, 10:54 AM EDT - U.S. Markets close in 5 hrs 6 mins

Recent

% | $
Quotes you view appear here for quick access.

Fidelity Select Defense & Aero Port Message Board

  • wallworry wallworry Aug 18, 2008 7:43 AM Flag

    Hey people, wake up.

    I think this fund is a bargain right now. Anywhere up to $75.

    Unfortunately war is good business. Even with Barrack as Pres (which would tank these stocks temporarily) nothing is going to stop the current world conflict or the necessity to re-tool our army/navy/air force.

    On an optimistic note, maybe the NASA trip to Mars will re-ignite our passion for space travel and even create a new sector bubble? Who knows?

    In any event, I like this sector.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Hard to call this one over the next 7 years.

      True, the world is not likely to abandon all terrorism, aggression, and dangerous, unstable tyrants, so the demand for well-designed & updated military weaponry will not flag. However, under the present administration, US military budgets are being and will continue to be cut back in favor of domestic priorities. In addition, NASA, for all practical purposes, is being placed into moth balls. National priorities, as currently defined, reflect transfer of wealth strategies rather than the promotion of outward-directed goals. (I'm stating this reality as neutrally as possible.)

      Within this new reality of horrendously accelerated national debt, higher taxes, inflation, recession, and falling dollar, how will defense companies fare relative to other sectors? That is the real question that should inform personal investment decisions in this sector. How will US defense contractors perform against emerging markets, energy, green technologies, health care, etc.?

      Just my $0.02.

      Cav

 
FSDAX
114.90-0.26(-0.23%)Jul 10 6:24 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.