9 Stocks to benefit from military technology

President Trump recently introduced a minor increase to the United States military budget. Though the bill proposes only a 0.3% increase in the military budget, it places high emphasis on high-tech defense equipment such as cyberwarfare innovations, specialized drones, and artificial intelligence. With the increase in the military budget and the military’s new-age emphasis on high-tech defense equipment, stocks for several military sector corporations have the potential to grow exponentially. These stocks could become coveted pieces for investor portfolios if Trump and Congress can see eye to eye. However, the risk is still there for investors. For investors willing to gamble that a republican led Senate can force another military spending bill through, the military sector could be a goldmine in the near future.