Break
Golden Baronet of the Realm
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SAIC (lots of gubmint contractor income) had good quarterly results. It's up a 6.6% for me since buying it last week.
I haven't done more research but my guess is companies living off the government teet are going to do well this quarter. I don't know any specifics but I have heard there is increased pressure on the government to sign new contracts asap during congressional budget battles because anything new they sign up will get funded during CRs.
I haven't done more research but my guess is companies living off the government teet are going to do well this quarter. I don't know any specifics but I have heard there is increased pressure on the government to sign new contracts asap during congressional budget battles because anything new they sign up will get funded during CRs.
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