|Day's Range||92.40 - 92.40|
Raytheon (RTN) secures contract to provide engineering and technical support, depot and intermediate level repair, maintenance and recertification of standard missiles
Moderate flow of funds might have driven U.S. defense stocks. While General Dynamic (GD) secures a $22-billion deal, Curtiss Wright (CW) hikes its share buyback program.
A Credit Suisse strategist reiterated an overweight call on U.S. growth stocks, which he says can outperform even when bond yields rise.
While frequently overlooked, industrial stocks held their own throughout 2019 and appear to be in strong position heading into 2020.The ongoing U.S.-Chinese trade war hasn't exactly been easy for American industrial companies, which on average derive more than a third of their revenues from China, and many of which order supplies from the country as well. Nonetheless, the Industrial Select Sector SPDR Fund (XLI) actually boasted slightly better returns than the S&P; 500 year-to-date through Dec. 3. The sector is set up to beat the Street next year, too.Barry Bannister, head of institutional equity strategy at Stifel Nicolaus, suggesting that investors buy into cyclical stocks such as industrials while shedding defensive plays. "Although we see (more than) 5% further for the S&P; 500 into 2020, we see twice that return, or plus 10%, for a long-cyclical/short defensive industry trade in the same period," he writes.Given that industrial stocks still face trade risks, however, investors are (rightfully) seeking out the crème de la crème - those stocks poised to continue outperforming through 2020 and beyond. One way to separate the wheat from the chaff is to focus on the names Wall Street analysts are standing firmly behind.Here are the five best industrial stocks to buy for 2020. We've used TipRanks' Stock Screener to zero in on five industrial-sector companies that are receiving robust support from the Street, earning a "Strong Buy" consensus rating. SEE ALSO: Every Warren Buffett Stock Ranked: The Berkshire Hathaway Portfolio
Raytheon Company (NYSE: RTN) debuted a virtual reality version of its portable V-22 trainer today at I/ITSEC, the world's largest modeling, simulation and training event. Aircraft Functional V-22 Trainer-Virtual Reality is a fully immersive system that provides hyper-realistic training across all experience levels, including early-career aviation maintenance students and those engaged in continuing education.
Raytheon (NYSE: RTN) unveiled a new immersive military training product today at I/ITSEC, the world's largest modeling, simulation and training event. The Synthetic Training Environment Soldier Virtual Trainer, or STE SVT, uses virtual reality to train squads of soldiers in multiple scenarios while using real and virtual weapons.
It is already common knowledge that individual investors do not usually have the necessary resources and abilities to properly research an investment opportunity. As a result, most investors pick their illusory “winners” by making a superficial analysis and research that leads to poor performance on aggregate. Since stock returns aren't usually symmetrically distributed and index […]
Curtiss-Wright's (CW) acquisition of 901D Holdings is likely to be accretive to its 2020 adjusted diluted earnings per share and produce a free cash flow conversion rate in excess of 100%.
Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and successful investors' positions as of the end of the third quarter. You can find articles about an individual hedge fund's trades on numerous financial […]
Defense contractors have continued to outpace the market as tensions heat up and the Pentagon focuses on Russia and China. So is Raytheon stock a good buy?
Raytheon's (RTN) procurement of low rate initial production (LRIP) requirements for ESSM will offer enhanced ship defense to the U.S. Navy against high-speed, highly maneuverable anti-ship missiles.
Awards support strategic sourcing and customer success WALTHAM, Mass. , Nov. 21, 2019 /PRNewswire/ -- Raytheon (NYSE: RTN) has recognized 54 suppliers for their excellent performance supporting programs ...
Advanced manufacturing jobs in the state are going unfilled, because there aren’t enough trained workers, according to Gov. Charlie Baker's housing and economic development chief, Michael Kennealy.
The best defense stocks have long-term programs as well as footholds in key emerging priorities for the Pentagon and U.S. allies around the world.
EL SEGUNDO, Calif. , Nov. 19, 2019 /PRNewswire/ -- Raytheon (NYSE: RTN) is designing Pit Boss , an autonomous mission management system for DARPA's Blackjack satellite constellation, with prime Scientific ...
President Tayyip Erdogan said on Tuesday he told U.S. President Donald Trump during talks in Washington last week that Turkey would not give up on the Russian S-400 missile defences it procured this year, despite protests from its NATO ally. Ankara and Washington have been at loggerheads over Turkey's purchase of the S-400s, which Washington says are not compatible with NATO defences and pose a threat to its F-35 stealth fighter jets.
U.S. legislators are making slow progress negotiating the bill that will set spending policy for the Department of Defense in 2020, the head of the U.S. House of Representatives Armed Services Committee said on Wednesday. The Democratic-majority House and the Republican-controlled Senate have each passed their own versions of the National Defense Authorization Act (NDAA), which sets spending policy. Negotiations to reach a compromise between the House and Senate versions of the bill have been under way since September https://www.reuters.com/article/us-usa-defense-spending/border-wall-iran-space-force-among-hurdles-for-700-billion-u-s-defense-bill-idUSKBN1W42XL, but have progressed slowly, Smith said, citing several canceled meetings with Republicans.
WALTHAM, Mass. , Nov. 13, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) announced today that its Board of Directors has declared a quarterly cash dividend of $0.9425 per outstanding share of common ...
DULLES, Va., Nov. 12, 2019 /PRNewswire/ -- Raytheon Company (RTN) is collaborating with Red Hat to develop a new, security-focused software development solution, known as DevSecOps, for enterprise environments. The approach combines Raytheon's integrated suite of DevOps software development tools with Red Hat OpenShift for enhanced protection of the software application development process. The cross-domain security solution takes a 'code low, deploy high' approach, developing at an unclassified level and rapidly deploying into a classified environment.