Right into the Danger Zone with Defense Stock ETFs (ITA,PPA)

Danger Zone - Defense StocksThrow money at Goose, Iceman, and Maverick with the iShares Dow Jones US Aerospace & Defense Fund (NYSE:ITA) and the PowerShares Aerospace & Defense Fund (NYSE:PPA).  Do you feel the need?

Defense stocks/companies have been getting a bunch press lately, analysts are divided on a bullish or bearish view. However rather then pick individual companies, you can go with the two big Defense Fund ETFs.

Your ammunition is the iShares Dow Jones US Aerospace & Defense Fund (NYSE:ITA) and the PowerShares Aerospace & Defense Fund (NYSE:PPA), here's how they are trading today and the overall fundamentals:

  Name Symbol Last price Mkt cap Avg vol 52wk high 52wk low EPS
  PowerShares Aerospace & Defense... PPA $12.34 112.29M 88,000.00 22.062 10.14 (14.68)
  iShares Dow Jones US Aerospac &... ITA $35.79 139.58M 64,000.00 66.84 28.33 (42.76)

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SOURCE: http://wallstnation.com/Defense_ETFs_stocks_040809

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