Are lawmakers taking aim at stocks in your portfolio? As investors keep an eye on the nation’s capital to see if a debt deal is struck, many are wondering how that deal could affect stocks most exposed to government cutbacks.
It turns out healthcare has the most exposure to government spending, according to a note from Goldman Sachs. It also found names in industrials, tech and materials who receive 20 percent or more of their revenues from Uncle Sam.
|Company||% of Sales to Gov't|
Terranova believes the note highlights the fact that whatever happens in August with the debt debate, the implications will be felt deep into 2012.