Three stocks to avoid when the Government reins in spending

  Defense stocks have already fallen hard in the two weeks (plus) since the debt deal from August 1st announced $350 billion in defense spending cuts.  Obvious stocks to come under pressure by this announcement are Northrop Grumman Corp (NYSE: NOC) and Boeing Co (NYSE: BA).  But while defense spending cuts could climb up to $1 trillion […]

Oshkosh Corp Horrible Weekly Chart

  Oshkosh Corp. (NYSE:OSK) designs, manufactures and markets specialty vehicles such as defense trucks, access equipment, emergency vehicles and more. In early July billionaire investor Carl Icahn disclosed that he holds a 9.5% stake in the company.  As usual in such cases Icahn plans dialogues with management about increasing shareholder value.  This would all be […]