Posted on 01/12/2017 9:03:10 AM PST by spacejunkie2001
If anyone has any GOOD recommendations for stock purchase of defense contractors, preferably small to mid cap, that would be awesome.
I used to invest in single stocks, but I’m retired...and allergic to losing money.;-)
I love ETF’s.
Yep, i know that feeling. You get the big bag of gold falling out of the sky and you try to think coherantly....
Rarely happens though. To most gold corrupts.
Which then made me think of Trump, gold works for him.
I would invest in what Trump would invest in right now, he has the vision.
“I own the defense ETF, ITA. It’s performed quite well.
Don’t like single company risk.”
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Good comment. The average investor is probably not inclined to do the research necessary to fully understand a company’s risk profile, performance metrics, financial health, or valuation ratios. Investing in individual companies is risky, even for those equipped with financial knowledge and analysis skills.
In addition to the great recommendations above, you might try any company having to do with the rebuilding of our Navy.
I will look into those as well.
What little investing I’ve been able to do has been token at best.
The 401k has been doing well.
There are a few good trade rags out there which you should with regularity. Government Acquisitions and one called Procurement something or other...
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Be careful drawing conclusions from sources like this. Companies often win government contracts that are of uncertain value (i.e., multiple award, indefinite deliver and indefinite quantity vehicles, task order contracts, etc). The potential value may be much higher than the amount earned over the life of the contract. And contracts can be terminated by the government.
On the other side of the coin, a smart contractor knows how to “grow” the contract so as to make even more money than the contract was originally awarded for.
All that said, a lot of contracts wins is generally a good sign. The more the better.
Yep. Best contracts can be canceled. Been there. General Dynamics A-12. Former Secretary of Defense Dick Cheney canceled it. 4K people laid off in one day at both General Dynamics and McDonnell Douglas.
But then contracts for on going support . . . back then were still going on for the old F-111. I’ve long since left and stayed home with kids instead.
Although in my years there the Air Force was much easier to please contract wise than was the Navy. They were hard to please. No missed deadlines. Hell to pay.
As a broker, I can’t recommend anything to you since I don’t know anything about your goals, suitability, etc.
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Very important point! A lot of people want to buy stocks to “make some money” without any consideration of their personal objectives, tolerance for risk, or knowledge of how complex investing really is.
I think they are United Technologies. Or General Dynamics. I cannot remember which.
I had a guy with very high income come to me. Poor bastard couldn't balance his check book. His credit was horrible....an MD no less.
Anyways before investing, we had to get him and his family's credit cards paid off, fees/fines paid off, lawyers paid off, malpractice insurance paid up, get his kids UGMAs set up, get his wifes ROTH set up, get them some Term life insurance, get them a Long term care policy, get their auto/home insurance up to a level to protect them from getting sued, buy an umbrella policy for him, close 5 bank accounts with cash sitting in them, get a trust attorney involved to set up a trust incase stay at home mom screws the pool boy, or the Doc runs off with his nurse intern, etc.
I mean, that guy was a mess, financially.
Don't buy any securities until you take care of your DEBT and family first. The best $2000.00 you can spend is with a tax/trust attorney and a CPA before ever coming to see me.
These definitions, both for Qualified Institutional Buyer and Accredited Investor are wrong.
The definitions are lengthy, but very specific. Google is your friend, as is Wikipedia. For instance, the term "accredited investor" is defined in Rule 501 of Regulation D of the U.S. Securities and Exchange Commission.
Probably the easiest way to be an AI is to have net worth of more than $1 Million excluding a primary residence. It does not have to all be in one brokerage account. There are seven other ways to achieve this status. Most of them are geared toward trusts and institutions. Sufficient income will also put one into the AI class.
While I am not the most sophisticated financial person in the world, I personally, would be very wary of any advice coming from a source which can get a simple and easily verified definition so wrong.
I was just about to recommend going “all in” on LMT Jan 18 300 call options till you warned him this was a political web site. ;<) My philosophy has always been going out with your hair on fire.
and don't even get me started on Reg d15 SMMP regs.
Thanks Bryan!
I get there will most likely be no dividend but it seems you could find one with growth potential....no?
I come here and ask because there’s a lot of people in the know at FR.
Pretty dumb statement on your part.
good point clutch...
He’s just going out of his way to be insulting. You know, “anyone” that actually asks any questions HAS to be stupid, right?
Opinions are like...... ......,Well you know the rest.
It always amuses me why some one would ask a financial question at a political message board, which is what this is.
Especially with the over load of excellent financial info on the WWW.
I amuse easily.
Caveat: I am NO expert. Not by a long shot
My take is yes one or more of these companies could have growth potential. It would be because they have a particular know how that resides in the talents of the principals and probably a product or process that they have patented. Garden variety suppliers and subcontractors are probably already well known and trade at full value (if they are even public companies. )
That means sifting through the prospects very carefully to judge which companies have the most promise. Also a close look at their balance sheets and profit and loss statements. They may great people and great ideas buy be bleeding out financially.
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