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Filed under: Boeing Co (BA), CIGNA Corp (CI), Northrop Grumman (NOC), Obama Picks At long last -- to this Democrat's view anyway -- Barack Obama is the president of the United States. Now, it's time to gaze into our crystal ball.Obama has many things on his plate, including fixing the economy. Lots of people are trying to pick the winners and losers. Here are my guesses. Keep in mind that it may take several years for the impact of Obama's policies to be felt. Defense: Lockheed Martin Corp. (NYSE: LMT), Boeing Co. (NYSE: BA), Northrop Grumman Corp. (NYSE: NOC) and Raytheon Co. (NYSE: RTN) will benefit from the spending needed to replace worn-out military equipment from the wars in Iraq and Afghanistan and Obama's push to improve health care technology. The defense contractors over the past few years have become huge government IT contractors and are experts at systems integration. Each have plunged by double-digits over the past year. Healthy living: Call me an optimist but I expect the Obama administration to push healthier living and for greater control of health care. Hain Celestial Group Inc. (NASDAQ: HAIN), the largest provider of organic food, seems a likely beneficiary. Also, it's hard to see how he is going to be able to digitize health care records without the involvement of health insurers such as Cigna Corp. (NYSE: CI). Hain is down 42% over the past 52 weeks, while Cigna has plunged more than 70%. Continue reading What to invest in now that Obama has taken office What to invest in now that Obama has taken office originally appeared on BloggingStocks on Tue, 20 Jan 2009 17:30:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments
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