Navy ship builder Huntington Industries (HII) is a great stock to own in the current economic environment. Stability in Washington means no worries about budget cuts. Building ships adds to the economy and with constant global instability the demand will always be there.
Analysts expect Huntington to grow profits by 35% in 2014. At current prices, you can buy that growth for 16 times 2014 estimated earnings. That’s a steal and could result in a 30% move higher between now and the rest of the year.