Stocks with Ties to Independence Day - Part 2: Military Fireworks

Filed under: Boeing Co (BA)

Now that we've taken a look at the performance returns from investing in the United States compared to those in the United Kingdom, it's time to move on to the U.S. defense industry.



In 1776, the so-called military in America was a rag-tag group of militia men. In 2010, thanks in large part to the defense industry, the United States is the world's dominant military power.



So how is the defense industry performing this 4th of July? Let's just say they're making some impressive fireworks.



The Aerospace/Defense - Major Diversified industry is soaring. It is up 41.71% since last Independence Day.



Boeing (BA), the leader of this industry group, is up 56.45% this past year at $61.94, and analysts believe it is going to continue flying higher. Deutsche Bank has a price target for Boeing at $80, Stifel Nicolaus sees the stock moving up to $90 and Credit Suisse believes the stock is going to jet up to $98.

Continue reading Stocks with Ties to Independence Day - Part 2: Military Fireworks

Stocks with Ties to Independence Day - Part 2: Military Fireworks originally appeared on BloggingStocks on Mon, 05 Jul 2010 15:00:00 EST. Please see our terms for use of feeds.

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United States - Independence Day - Fireworks - Deutsche Bank - BloggingStocks

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