The tragic events at the Boston Marathon earlier this month have brought a variety of topics to the forefront of national discussion, and from an investment standpoint, stocks related to counter-terrorism, from homeland security inspection technology, to R&D-heavy defense contractors. We’ve discussed some of Jim Cramer’s smaller-name favorites in this space, but it’s time to broaden the lens, so to speak.
From Lockheed Martin Corporation (NYSE:LMT) and Raytheon Company (NYSE:RTN)’s global exposure to the defense industry, to TASER International, Inc. (NASDAQ:TASR)’s focus on electrical weapons, there are plenty of players here, and we’ll take you through the top 15 anti-terror stocks you should consider for your portfolio.
Photo Credit: DVIDSHUB
Since 9/11, the U.S. government has more than doubled its spending on defense, which amounted to about $700 billion in 2011 alone. While the efforts of federal, state, and local governments to control terrorism cannot be underestimated, there are many companies that are in the business of providing anti terror devices and services. The publicly traded companies listed in the following slides produce equipment and services related to domestic and national security, and look set to benefit from this trend.
It’s worth mentioning that companies with a focus on cybersecurity have an added benefit, as the DoD’s budget for these services looks the most bullish, as there is uncertainty over future cuts in other areas. Let’s find out some big and not so big names in defense, that should be set to benefit from an increased focus on anti-terrorism services in the U.S.
Lockheed Martin Corporation (NYSE:LMT)
Market Cap: $30.72 billion, Forward PE: 10.58 , ROE: 527.88%
Headquartered in Bethesda, MD, Lockheed Martin Corporation (NYSE:LMT) has an employee base of 120,000 people globally engaged primarily in the research, development , design, production and integration of advanced technology systems, products and services.
Raytheon Company (NYSE:RTN)
Market Cap: $18.72 billion, Forward PE: 10.35, ROE: 23.00%
Raytheon Company (NYSE:RTN) is a supplier of electronics, mission system integration, and several other instruments for sensing, effects, command, control, communication, and intelligence systems. Raytheon Company (NYSE:RTN), together with its subsidiaries, operates in the U.S. as well as in other countries. The company employs over 67,800 people.
See the final 13 companies on the following pages: