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Dueling Fools: Defense Turnaround?
The Arguments
With the war in Afghanistan, no industry grew hotter than defense. Stocks ballooned if they had anything to do with airport security or chem/bio protection. The Iraq war saw less of a bounce. But are there companies that will outperform for the long term, not just when lifted by war-related investor enthusiasm? Guest Kevin Spellman makes the case for communications defense firm ViaSat, while our own Tom Jacobs (TMF Tom9) thinks it's a sell. Enjoy the Dueling Fools, and please vote at the end.
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