Cramer's Defense Plays

Description:

"Here go the defense stocks again, with Lockheed Martin (LMT) rallying nicely" on Friday 4-27-07. These companies seem to trade in a very strange pattern: They deliver great numbers, raise guidance and then start retreating when everyone thinks the numbers can't be sustained and the Democrats will bust up the party.

Not only are the earnings consistent but the programs are so long-term that anyone who is concerned about a Democratic slowdown is just wildly off base.

Here are Cramer's favorite defense plays.

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