There Are Precious Few Penny Stocks to Watch in 2017
BUZ INVESTORS Best Defense Penny Stocks Investors may find that the market is running short on cheap defense stocks in 2017. Why? Because the best defense penny stocks are already skyrocketing due to political turmoil around the world, making their share prices unaffordable to the average investor. But don’t worry; we’ve compiled a brief list of penny stocks to watch in the coming months.
These stocks can offer triple-digit returns, particularly since President Donald Trump plans on increasing the defense budget. He plans on giving defense contractors an extra $54.0 billion next year.
But Trump is the classic strongman. He wants to flex his muscles at America’s enemies, which is why he bombed Syria only three months into his presidency. It’s also why he dropped the biggest non-nuclear bomb in the history of the world on Afghanistan.
Best Defense Penny Stocks
Mark Twain once wrote that, “War talk by men who have been in a war is always interesting; whereas moon talk by a poet who has not been on the moon is likely to be dull.” He meant that civilians like me shouldn’t pretend like we know what war is about.
He’s right. I don’t know what it feels like to be in the trenches. I’ve never been pinned down by enemy fire, seen a friend get shot, or shot someone myself.
List of Defense Stocks That Investors Should Consider
You don’t want to blow half your portfolio buying three or four shares of one stock. I get it.
It’s just so important to me that people realize what they can achieve through investing. But we’re supposed to be looking for cheap defense stocks in 2017, so here’s a list of defense stocks trading under $10.00 per share.
|CHEAP DEFENSE STOCKS IN 2017|
|ACFN||Acorn Energy Inc||$0.37|
|ISSC||Innovative Solutions & Support Inc||$3.01|
|AIRI||Air Industries Group Inc||$3.11|
|CVU||CPI Aerostructures, Inc.||$6.50|
|TATT||T.A.T. Technologies Ltd.||$9.80|
1. T.A.T. Technologies Ltd.
T.A.T. Technologies Ltd. (NASDAQ:TATT) is listed on the Nasdaq Stock Exchange in the U.S., but it is an Israeli company. (Source: “Form 6-K Filing,” U.S. Securities & Exchange Commission, March 7, 2017.)
Over the last five years, this little stock has doubled its investors’ money, and it’s looking to accelerate those gains in 2017.
2. CPI Aerostructures, Inc.
CPI Aerostructures, Inc. (NYSEMKT:CVU) is an aerospace contractor that’s been around for decades. This company has civilian and military contracts that keep it in the black. However, it’s not ironclad. The stock has been known to crumble under pressure.
That being said, there is tremendous upside in a company that makes successful products, but is unloved by the market. Why? Because investors are emotional.
3 .Innovative Solutions & Support Inc
Innovative Solutions & Support Inc (NASDAQ:ISSC) is a publicly traded contractor in the aerospace industry. Naturally, there is some crossover in its client base and the firms working on national defense. Aerospace and defense companies share a lot of the same suppliers.
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