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Cramer's Armor Defense Plays
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Of all the areas where the analysts remain way too negative, the defense sector of the economy has to take the cake. The analysts simply refuse to believe that we won't wake up one day and say, "That's it, no more war." They act as if the Democrats would just as soon reduce our defense budget to that of Britain, or worse, Japan.It's not going to happen. The Democrats, particularly the leading Democrat, Sen. Hillary Clinton, would do nothing to cut back spending. In fact, I believe they would increase spending on anything that protects soldiers.
But now Armor Holdings is done. Who else in the group is too cheap? I would buy both Alliant and Ceradyne in light of this Armor Holdings deal.
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