- Prison Planet.com - http://www.prisonplanet.com -

Homeland-Security Business Still Booming Ten Years Later

Posted By admin On May 30, 2011 @ 7:03 am In U.S. News | Comments Disabled

Constance Gustke,
CNBC.com [1]
May 30, 2011

A decade after the 9/11 terror attacks, homeland security is still a growth business.

The niche—that includes James Bond-like tools such as infrared cameras, explosive detectors and body scanners—is expected to grow 12 percent annually through 2013, according to Morgan Keegan.

“Homeland security is reactive,” says Tim Quillen, a senior equity analyst at investment banking firm Stephens Inc. “The stocks are hedges against bad things happening.”

One example: the underwear bomber, who was thwarted in late 2009. After that a bell weather homeland security stock OSI Systems rocketed 30 percent within a month. “The stock went on a tear,” says Brian Ruttenbur, a research analyst at Morgan Keegan. Why? OSI makes X-ray and metal detectors used to scan people, baggage and cargo that it sells worldwide. During the past 12 months ending yesterday, the stock has popped from $25 to $40, driven by border and port growth.

Full article here [1]

Stock up with Fresh Food that lasts with eFoodsDirect (AD) [2]

Corporate Media Attacks Alex Jones, Defends TSA Perverts  161008pptv3 [3]


Article printed from Prison Planet.com: http://www.prisonplanet.com

URL to article: http://www.prisonplanet.com/homeland-security-business-still-booming-ten-years-later.html

URLs in this post:

[1] CNBC.com: http://www.cnbc.com/id/43185358

[2] Stock up with Fresh Food that lasts with eFoodsDirect (AD): http://www.efoodsdirect.com/

[3] Image: http://prisonplanet.tv/

Copyright © 2013 PrisonPlanet.com. All rights reserved.