NOC

Northrop Grumman Corp

Stocks

Why My Favorite Defense Play Just Got Even Richer

Defense stocks are one of the smartest buys of the Trump era, given his stated commitment to boosting defense spending by $54 billion.

As we've seen, drones and autonomous vehicles are two high-profit ways to play the growth energizing this $1.7 trillion sector…

But the big play, the really disruptive, transformative 21st-century technology… is military lasers.

"Ray guns."

It sounds like science fiction, but it's a fact. Laser weapons are here now, and perhaps as soon as next year they'll change the way the U.S. military fights conflicts all over the world.

You'll have reaped the financial rewards long before that, though.

In fact, this company has already given us more than 27% in gains, and it's barely started flexing its laser know-how...