Cartonet,
hard to say. Can only give my personal opinion here. due to the mounting and increasing security threats, I'd prefer firms with a stake in high end optics and military electronics.
Laser firms should be given particular consideration. If necessary, systems like smart weapons, SDI, unmanned airborne vehicels and advanced imaging tools will not just be developed but also deployed.
Since the turn of the century there's a growing consensus that security doesn't come free. Companies with capabilities in the domains above (military electronics, lasers, non-telecom optics and photonics, sensor technology, high-voltage, high-pwer, MEMS, bio-sensor stuff etc...) should stand to gain materially.
Beyond this, I'm not too hot for the "traditional" channels of demand for tech-components. The Telecom sector is still consolidating. No spending spree wrt. capex on the horizon from this pocket. Computing is getting increasingly commodized, endangering margins. So all pockets of demand for tech componentns not driven by these two factors should fare better. Military is one of them, infrastructure another. Consumer devices yet another..
rgrds
CROSSY |
