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Trump's Speech Unlikely to Prove a Boon for Defense Stocks, Cramer Says

Tony Owusu

President Donald Trump will deliver the annual State of the Union address from the House of Representatives chamber in Washington, D.C. Tuesday night, and investors in defense stocks will be eager to hear what he has to say. TheStreet's Jim Cramer said that it's a mistake to buy defense stocks ahead of Tuesday's SOTU speech. "Well, [President] Trump is uniquely related to the stock market, so he's certainly not going to do anything to hurt it," said Cramer when asked how the State of the Union speech could affect the markets.