Now that the election’s over, it’s time for us contrarians
to get greedy!
And I’ve got just the thing: 3 hated buys we can use to rack
up serious gains and dividends while the rest of the herd struggles to get its
bearings.
Where do these 3 cash machines come from? The defense and
infrastructure sectors.
Now you might see where I’m coming from on infrastructure.
Probably the one thing Republicans and Democrats agree on is that our
ramshackle roads, bridges and power plants need a lot of work.
More on this, including a rock-solid play for 6.5% dividends
and “steady as she goes” upside, at the end of this article.
Before we get to that, though, let’s talk defense, a sector
that might surprise you given that the media regularly rolls out stories about
Democrats’ reluctance to goose the Pentagon budget.
Funny thing is, defense stocks crushed it during the Obama
years, including from November 2008 to November 2010, when Democrats were
elected to majorities in the House of Representatives and Senate, as well.
And share prices continued to climb when Trump was elected
in 2016.
You might be fooled into thinking defense stocks are too
pricey now. And sure, some have gotten ahead of themselves. But the two I want
to show you below are still bargains, giving us a rare second chance to jump
in.
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