[Policy] Border Fence and Border Security

Today the House approved the building of the fence along US-Mexico border to prevent millions of illegal immigrants from the south. The US-Mexico border is about 2000 miles long so it will definitely require a lot of time and resource to complete the fence. It will be interesting to see which companys will benefit from the construction of the fences.

Nevertheless border security, especially along the 2500 miles long US-Mexico border, has been the top agenda for the Bush administration. To cut down and control illegal immigrants, policies such as temporary worker program was brought up as a beginning of more serious action against the thousands and millions of illegal immigrants who went across the US-Mexico border every year.

Last week the House passed bill to tighten immigration laws and border security such as fence building. The passing of the immigration bill could mean more and more action from government in regards to border security. As an investor government policy such as this one should signal new investment opportunities. Companies focusing on border security would definitely be the ones that benefits the most. Here we found some companies listed in the US stock exchange that focus on national security esepecially on border security.

• Viisage Technology(VISG): the company focus its business on identity solution such as biometrics for civil identification, criminal identification and border management. The company provides document authentication system to automatically analyze travel and identity documents such as passport, visa and INS immigration card. Increase border security would make this company crucial in the process of implementing the Bush administration's new policy. The stock has been doing well since boucing from 52 week low of $2.57 per share back in April.
• IPIX Corp. (IPIX): besides identity scannig, another important part of border security is surveillance. The Reston, VA based IPIX Corp is providing security cameras for border security. Although the stock hasn't done well for the past 52 week as it is now trading at the 52 week low of $2.05 per share, you should expect some smart investors probably have already put the stock under their radars as border security get tighten up.