Publish date:

Why Jim Cramer Says It's a Mistake to Buy Defense Ahead of State of the Union

Here's why Jim Cramer thinks that investors should hold off on their defense buying until after the State of the Union.

"Well, [President] Trump is uniquely related to the stock market, so he's certainly not going to do anything to hurt it," said Jim Cramer when asked how the State of the Union speech could impact the markets.  

"People are going to buy defense stocks, that's a mistake," said Cramer. "The Democrats in the House...even though they like defense, I don't think that they're going to be spending. And the rest, I think, is just going to be ra-ra." 

Follow us on Twitter @TheStreet; TheStreet: Investing Strategies on Youtube or check out our podcasts on SoundCloud at TheStreetLive.

TheStreet Recommends

Watch more videos on TheStreet's Youtube Channel ' Would you rather 'listen' to Jim Cramer? Check out his new Podcast 'Cramer Live' on Soundcloud.

And for more exclusive audio content by TheStreet, check out these podcast series on our Soundcloud page:

Watch Today's Show and All Cramer Replays Below