Filed under: International Markets, Industry, Chevron Corp (CVX), Lockheed Martin (LMT), Bargain Stocks, Chasing Value[TM], Oil, General Dynamics Corp (GD), Raytheon Company (RTN)
The list of stocks has been whittled down to four. Chevron Corporation (CVX) made the cut to become the oil company stock. Three defense sector powerhouses are competing for one spot in Chasing Value: 2011 Stock Picks — The Journey Begin.
Today we take a more comprehensive view returning to earlier metrics, and adding some other criteria in order to reach a conclusion. This series began with the contention that making specific predictions was a fools errand with the danger to your portfolio coming from “black swans”. To try and add some general counter measures to this possibility I decided that the defense and oil sectors might provide protection against the greatest of threats, war and terrorism. On that basis I posted Chasing Value: You Must Own Defense and Oil for Safety.
Continue reading Chasing Value: Defense and Oil — Part 4 Conclusion
Chasing Value: Defense and Oil — Part 4 Conclusion originally appeared on BloggingStocks on Fri, 17 Dec 2010 11:00:00 EST. Please see our terms for use of feeds.
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The list of stocks under consideration has been reduced from eleven to ten, to seven and now in today’s story four. Starting with five major defense contractors and six major oil companies (see 
This series started with five major defense contractors and six major oil companies that are worthy considerations to help your portfolio survive a global crisis (see 
The twelve super caps are down to seven: Proctor & Gamble, Wal-Mart, Johnson & Johnson, China Mobile, PetroChina, Microsoft and ExxonMobil. Five are American companies and two are Chinese. The five U.S.-based enterprises have historically strong management teams and balance sheets. If this was the only criteria, I might take pause when considering the two Chinese companies only because I do not know enough about them to make a judgment, except that they have been very successful.
