Top Stocks Under $10: Frank Curzio, manager of the Stocks Under $10 portfolio, dissects his 2009 stock picks. Watch the video above to find out if he still likes them.
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In uncertain political times, Cramer said he would stay clear of the other kind of defensive stocks, mainly General Dynamics (GD)and Lockheed Martin (LMT).

The Price of War: President Barack Obama is asking Congress for an additional $75.5 billion for the wars in Iraq and Afghanistan.
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Big-time defense stock. One of the usual suspects.

The FM traders came up with a list of stocks trading at attractive valuations. Here are the stocks they recommend putting on your radar. They included Atria(MO), IBM (IBM), Lockheed Martin(LMT), HP (HPQ), Exxon Mobil (XOM) and XTO Energy(XTO). Lockheed Martin trades at a trailing 12-month P/E of 9.9.

Defense contractor, won a lot of contracts. Good near - to mid-term play.

Boeing's Dividend Is Bogus: David Peltier, portfolio manager of Dividend Stock Advisory, tells you which dividend raises of 2008 are smart and which ones are dangerous.
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3.2%

From a recent Mad Money show:This stock is not one you want to hold on to in an Obama administration. Obama likes unmanned aircraft.

Likewise, Obama may be powerless to cut weapons spending. If he was to cut Lockheed Martin's F-35 jet, for example, the unintended consequences would be intolerable. Unit costs for the jet would soar, hurting about a dozen key allies who want to buy the jets and have contributed R&D funds for the program.

This is the most hated company in the defense contractor sector. They are only invited in for bids because they employ more people then AT&T. They are universally hated by the defense contractor workers as the "Evil Empire". With the downsizing of Air Force controlled contracts to Army controlled, GD and FRPT will be far bigger winners.