With personal political views aside, Jim Cramer could not help but notice that investors are witnessing one of the greatest ironic moments in history right now.
In the United States, President Obama has made a conscious decision to stop trying to be the world's policeman. Regardless of how anyone feels about that policy, the fact remains that Congress has made vast cuts to defense spending.
Thus, the U.S. is no longer "Team America World Police."
So, given that the U.S. has scaled back its foreign defense budget, one would think that the aerospace and defense groups are doing terribly. Right?
Wrong! This is because Obama has notified allies around the globe that they need to start fending for themselves. as a result, the government has also taken a much more permissive attitude towards selling military hardware to foreign regimes.
"In short, the Obama administration may not want to be the world's policeman, but they seem happy for the United States to become the world's arms dealer," the "Mad Money" host said. (Tweet This)
So with that said, who will be the biggest winners of this group?
Cramer outlined the stocks that he thinks investors should buy in order to capitalize on the growing international arms trade.