NEW YORK (
TheStreet Ratings) -- It does not take the geopolitical genius of Dr. Strangelove to predict that at least five different groups would benefit from Israel bombing Iranian nuclear facilities and the inevitable war the bombing would trigger.
The first two interest groups that invite Middle Eastern war are the Neo-Conservatives and the Evangelicals. The Neo-Cons believe we should keep overthrowing governments we don't like until those countries agree on having American-friendly governments. The Evangelicals foretell Middle Eastern war as the beginning of the end of times. Unless you are planning to set up your own think-tank or church, profiting from these fire-stoking forces is problematic.
The beauty of the three remaining groups is that they are represented by readily available exchange-traded funds that can gain in value even if the bombers are stopped in the nick of time. As long as the public is made to fear that Iran is an irrational, existential threat that may at any moment have a nuclear weapon or other undeclared "Doomsday Machine", these groups stand to benefit.
The first investible group most directly stoking fear in the public is the broadcast news media. No matter how many times U.S. or Israeli government officials say that Iran has not decided to weaponize its nuclear program and that Iran is a long way from creating a nuclear weapon, the media report seems to imply the opposite so that viewers will stay tuned for the latest developments.
These 10 exchange-traded funds are "How I Learned to Stop Worrying and Love the Bomb."
10. PowerShares Dynamic Media Portfolio
PowerShares Dynamic Media Portfolio
seeks investment results that correspond generally to the price and yield of the Dynamic Media Intellidex Index before fees and expenses. The index is comprised of 30 U.S. media company stocks. The fund normally invests at least 90 percent of its total assets in common stocks that comprise this media index.
PowerShares Dynamic Media Portfolio has top holdings of
Six Month Total Return:
Rated "C+-" by TheStreet Ratings:
9. Gabelli Global Multimedia Trust
Gabelli Global Multimedia Trust
is a non-diversified closed-end fund whose investment objective is long-term growth of capital. The trust will concentrate investment in common stock and other securities of foreign and domestic companies in the telecommunications, entertainment, media, or publishing industries. The secondary objective is income.