|Bid||194.76 x 900|
|Ask||195.15 x 1000|
|Day's Range||194.56 - 200.56|
|52 Week Range||144.27 - 209.18|
|Beta (3Y Monthly)||0.99|
|PE Ratio (TTM)||17.96|
|Earnings Date||Oct 23, 2019 - Oct 28, 2019|
|Forward Dividend & Yield||3.77 (1.89%)|
|1y Target Est||217.73|
The Federal Reserve’s Open Market Committee aren’t the only ones closely watching the risks facing the global economy. Noah Hamman, CEO of AdvisorShares, says investors are staying cautious, too. He spoke with Yahoo Finance’s Alexis Christoforous, Brian Sozzi and Aaron Anderson, Fisher Investments senior vice president of research.
A budget war in Congress could put one of the Pentagon's hypersonic weapons programs at risk, including one that includes Lockheed Martin and Raytheon.
Raytheon's (RTN) Tomahawk subsonic cruise missile is used for deep land attack warfare and designed to fly at extremely low altitudes at high subsonic speeds.
LOS ANGELES, Sept. 20, 2019 /PRNewswire/ -- MathAlive!, an interactive special exhibition that lets guests experience math in action, opens at the California Science Center on October 4, 2019. The national exhibition is underwritten by Raytheon Company (RTN). "We're excited to host an exhibition where people of all ages can explore the role of math in science and technology, and how it helps us solve engineering challenges," said California Science Center President Jeffrey Rudolph.
A new Morgan Stanley report outlines how the aerospace company could disrupt the global internet industry with 12,000 satellites.
The drone attacks on Saudi oilfields increase the need for Saudi Arabia to strengthen its air defense missile systems. This is good news for U.S. defense majors.
SpaceX could one day exceed the biggest legacy aerospace and defense stocks in market capitalization, according to a new Morgan Stanley report.
Editor's note: "10 Defense Stocks to Buy During Rising Geopolitical Tensions" was previously published in June 2019. It has since been updated to include the most relevant information available.Remarkably, the Trump administration has not yet started a war despite multiple geopolitical flash points. On top of the ongoing trade war with China, the U.S. must contend with a number of tense situations. Therefore, defense stocks are particularly relevant now.Initially, this may sound like a strange statement to make. After all, even the most bullish investors will concede that this market rally has overextended itself. Thus, we should welcome a correction to work out some of the excess optimism. Under this environment, the best stocks to buy feature protective elements, such as strong track records of dividend payouts.InvestorPlace - Stock Market News, Stock Advice & Trading TipsObviously, defense stocks primarily take the term protection quite literally. But even though President Trump -- who is typically aggressive with his word choice and blunt with his delivery -- is uncharacteristically quiet about certain geopolitical situations, don't mistake that for an immediately peaceful resolution. We have many problems that will require a big stick, and perhaps the capacity to wield it.For instance, the situation in Iran may soon reach a fever-pitch. Trump opted to hit the country with economic sanctions in response to Iran downing an American military drone.But in response, Iranian President Rouhani called the White House "mentally handicapped." Outraged, Trump threatened to obliterate parts of Iran if they attacked any more American assets. That is just begging for an uptick in defense stocks. * 7 CBD Stocks to Buy That Are Still Worth Your Investment Dollars Iran is just one of several geopolitical flashpoints. And behind each one looms Russia, supporting interests antithetical to our own. Again, this situation is begging for a defense-industry rally. Here are the 10 best stocks to buy in this sector: Lockheed Martin (LMT)Source: Shutterstock Several factors support the robust lift in Lockheed Martin (NYSE:LMT) shares this year. But one of those factors is that among defense stocks, Lockheed Martin represents the military's front face. Most folks are familiar with the company's F-35 Lightning II. However, Lockheed is the backbone for America's squadrons of fighter jets, bombers, and multi-functional aircraft.At this stage, many may feel it's vital for the U.S. to show some muscle, which in turn benefits LMT stock. First, the U.S. has lost significant credibility on the world stage.Our sudden weakness in foreign policy isn't without consequences. Surely, it has inspired Russia to throw its weight around, realizing the penalties for belligerence is minimal. Thus, I like LMT stock to rise higher. Northrop Grumman (NOC)Source: Steve Jurvetson via Flickr (modified)Although seemingly less celebrated than Lockheed Martin in the public space, Northrop Grumman (NYSE:NOC) is no lightweight. In fact, Northrop is one of the most critical defense stocks to buy due to its highly guarded proprietary technologies. That attribute will play a key role, especially in this atmosphere.One of the reasons why I like NOC stock for the long haul is its upcoming B-21 Raider stealth bomber jet. According to the company's information, the B-21 can penetrate the toughest air defenses and strike targets anywhere in the world. The idea that a precision payload can arrive at someone's doorsteps should be a significant deterrent. * 7 Momentum Stocks to Buy On the Dip Ultimately, that's a net positive for NOC stock. Boeing (BA)Source: WikimediaIt's easy to forget that Boeing (NYSE:BA) is actually one of the best stocks to buy in the defense industry. Right now, the main focus is how the company will navigate the minefield that is the Boeing 737 Max jetliner. After two fatal crashes linked to the aircraft's faulty software, BA stock took a beating.But with each passing day, the controversy fades slightly more into the background. Eventually, like most controversies involving publicly traded companies, the 737 Max will become a footnote. Right now, though, BA stock is an undervalued play in the defense sector.In addition to the B-1B Lancer, Boeing manufacturers the F-15 and F/A-18 Super Hornet, which the Air Force and Navy deploys, respectively. Although these two fighter jets don't generate headlines like the advanced F-35, they're considerably cheaper. If we dive further into a conflict, resources will be limited.Thus, Boeing is still very much relevant among defense stocks. Raytheon (RTN)Source: Shutterstock A key reason why no nation has attacked the U.S. in modern times is its ability to respond from anywhere. Among defense stocks, that attribute is no more emblematic than in shares of Raytheon (NYSE:RTN).Famous for the Tomahawk cruise missile, Raytheon leads in offensive weapons capabilities.However, so much has changed in the military space since the Tomahawk came out. With our adversaries making significant progress in electronic warfare, it's imperative that Raytheon also take the lead in defensive technologies. They're doing exactly that with their Next Generation Jammer Mid-Band, or NGJ MB.When it becomes operational in 2022, the NGJ MB will allow our aircraft to fly deeper into enemy territory. This allows our forces to establish air superiority, deliver weapons payloads, and support the troops on the ground. * 7 Discount Retail Stocks to Buy for a Recession Raytheon's comprehensive approach to defense makes RTN stock an easy buy. Huntington Ingalls Industries (HII)Source: WikipediaNaval warfare is as old as war itself. Nevertheless, it is still one of the most relevant and crucial components of our armed forces.Whenever a foreign conflict breaks out, the U.S. Navy can respond with alarming speed thanks to its unprecedented fleet. But to keep this pace up requires ships, and that's where Huntington Ingalls Industries (NYSE:HII) and HII stock comes in.As America's largest military shipbuilding company, Huntington Ingalls is easily one of the defense sector's best stocks to buy. Several naval warships are aging badly, requiring multiple replacements. HII stands to benefit significantly from the order stream. Indeed, they're backlogged with requests, which is naturally positive for HII stock.Also, this is a great opportunity to show some love for the U.S. Coast Guard, which HII also serves. The overlooked maritime service, the Coast Guard directly defends our territorial waters. Thus, their operations are intricately linked to our overall security umbrella. TransDigm Group (TDG)Source: Shutterstock In some ways, defense stocks are glamorous investments. Whenever a conflict breaks out, the underlying companies' products are on full display in the national news media.That said, one of the best stocks to buy within the broader security network is TransDigm Group (NYSE:TDG). Hardly a household name, TDG stock likewise doesn't get much airtime. It should, though, as shares are up over 40% year-to-date.If further tensions arise, expect TDG stock to build off this rally. That's because TransDigm operates in the background, specializing in seemingly mundane aerospace components, such as pumps, valves, and actuators. Not exactly Tom Clancy material, I concede. * 10 Battered Tech Stocks to Buy Now However, it's these small details that keep our military machinery running. It's one of the reasons why the U.S. is a superpower. Leidos (LDOS)Source: Jarek Tuszyński via Wikimedia (Modified)Currently, most defense stocks are kinetic. What I mean is that their underlying "products" deliver brute-force impact on both hard and soft targets. From a purely guttural level, nothing gets the point across more than a kinetic response.However, the warfare of tomorrow will increasingly shift toward the digital realm. This is actually a more sinister pathway, allowing military forces to conquer societies without leveling infrastructures; thus, they can use said infrastructures for their own good. It's a terrifying scenario, one that Leidos (NYSE:LDOS) helps to ensure we stay on the right side of.Simply from a technical point of view, LDOS stock is one of the best stocks to buy anywhere. On a year-to-date basis, Leidos shares have gained over 50%. More impressively, the ride up is almost linear.So what makes LDOS stock so compelling? Leidos has many specialties, including cybersecurity. Cyberwarfare represents one of the easiest ways for our enemies to wreak havoc. To prevent this, Leidos deploys next-generation threat assessment and response measures. Booz Allen Hamilton (BAH)For defense stocks to stay relevant, the underlying organizations must address the threats of tomorrow. What keeps the military brass up at night is not necessarily the kinetic threat, as we previously mentioned. Instead, it's the digital realm that could render the most damage without shedding any blood.The reason why cyber-threats are so worrisome to our security forces is that they're often asymmetric. Under the kinetic framework, we have an obvious adversary: the Kremlin, which wages war against us online.It sounds like science-fiction but it's becoming a frightening reality. To ensure that we stay above this next-gen threat, Booz Allen Hamilton (NYSE:BAH) deploys an offensive cybersecurity platform. Rather than wait for a threat to strike, this system actively hunts them down. * 7 Stocks to Buy In a Flat Market Consequently, BAH stock is one of the best stocks to buy in the defense arena. On a YTD basis, shares are up over 50%. Kratos Defense & Security Solutions (KTOS)Source: Kratos Defense & Security Solutions Iran's downing of an American military drone -- with conflicting reports about where it happened -- may well go down as the catalyst for a new Middle Eastern conflict.But in the future, this embarrassing incident may become a relic of a bygone era. That's because companies like Kratos Defense & Security Solutions (NASDAQ:KTOS) are developing the next wave of advanced drones. Unlike prior iterations, these drones will carry offensive payloads: in other words, they have the ability to punch back, deterring any shenanigans.What will drive KTOS stock higher is the company's XQ-58 Valkyrie. Small and nimble, the Valkyrie can carry a 550-pound payload. Better yet, they're designed with economy in mind. Therefore, these drones can achieve air superiority with minimal cost and no loss of life (for our service members). Olin (OLN)As I mentioned above, defense stocks will increasingly focus on digital threats. However, that doesn't mean the kinetic element will go away. It's not just a matter of imposing our will on belligerent states. Rather, the kinetic approach is usually the cheapest.That's why I don't think you should ignore organizations like Olin (NYSE:OLN). A chemicals specialist, OLN stock has significant exposure to the defense industry. Earlier this year, the U.S. Army awarded Olin with an $85 million contract to provide small-caliber ammunition.Although that's small potatoes, I expect Olin to consistently pick up these types of contracts. Relatively speaking, small-caliber ammunition is dirt cheap to produce. Also, with the company's Winchester brand, they can service the consumer market as well. * 7 Deeply Discounted Energy Stocks to Buy Considering that we have more guns than people in the U.S., that's a strong incentive to buy OLN stock.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy for a Dovish Fed * 7 Stocks That Insiders Are Buying * 5 High-Price Stocks to Buy Worthy of Your Portfolio The post 10 Defense Stocks to Buy During Rising Geopolitical Tensions appeared first on InvestorPlace.
LAS VEGAS , Sept. 18, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) selected Jim Ullmann, the National Air Traffic Controllers Association's Director of Safety and Technology, as the 2019 Air Traffic ...
(Bloomberg) -- Amazon.com Inc.’s Alexa has mastered Hindi in just a few years.The voice assistant introduced to India in 2017 gets a major local makeover for one of the largest retail markets. From Wednesday, Amazon launches a version that now speaks Hindi and Hinglish -- a unique blend with English. It can also switch automatically between all three. The new, improved Alexa and Echo speakers hit the market in time for the Diwali shopping season.The voice assistant lets customers to ask for music, get Bollywood news, cricket updates and more in Hindi and Hinglish on its Echo and other voice-controlled smart speakers. It will respond in an unmistakably Indian accent to Hinglish questions such as “Alexa, Bollywood ke hottest gane sunao” and “Volume badhao” (to ask for the latest Bollywood hits and increase the volume, respectively). “Alexa, latest cricket score batao” yields the latest scores.Technology giants from Apple Inc. to Google are targeting this nation of 1.3 billion people by training virtual assistants in the heterogeneity of its languages and subcultures. Alphabet Inc. too has introduced a Hinglish-speaking Google Assistant, while Apple has hired native speakers to evolve and enrich Siri. In Amazon’s case, Alexa may prove key in a battle against Walmart Inc. in one of the world’s fastest-growing e-commerce arenas, a battle the Seattle online retailer has staked at least $5.5 billion on.Until now, Amazon’s virtual assistant had a limited vocabulary of names, places and popular songs in Hindi and a few others of the country’s roughly one dozen official languages.Read more: Amazon Teaches Alexa to Speak Hinglish. Apple’s Siri Is NextUnderstanding Hindi and Hinglish is critical for companies targeting first-time internet users in the countryside, who are coming online rapidly thanks to cheap devices and cut-rate wireless data. The Hindi internet user base will outgrow India’s English internet users by 2021, according to consultancy KPMG. But even Hindi has dozens of dialects and regional variations.“Hindi changes every 100 kilometers or so,” Rohit Prasad, Amazon’s head scientist of Alexa AI, said in an interview. Alexa can handle varied regional accents and dialects. “Alexa has an Indian personality.”Prasad, 43, grew up in Ranchi in India’s Hindi-speaking heartland, hailing from a family of engineers. Computers were still new then and as a teenager, he abandoned cricket games to run home and catch Star Trek episodes on the government-run TV channel. “It was in the realm of science-fiction then but I was endlessly fascinated by computers and humans communicating with each other.”He studied engineering in the same city before heading to the Illinois Institute of Technology, later working in speech recognition at Raytheon before joining Amazon in 2013. “Having grown up in diverse India, it was indelibly etched in my brain that Alexa has to work for everyone, and not just English speakers,” said Prasad, clad in a casual shirt and jeans and seated in a hotel conference room in New Delhi. “It’s a daunting task.”For instance, the virtual assistant was trained to differentiate between the oft-used Hindi word “achcha” or “okay,” which can sound close to its wake word. In many households, a single conversation can have Hindi and English words liberally interspersed. Alexa will be able to respond in either language without the user having to change settings. The AI will keep learning and improving with time, he said. Alexa in Hindi will also be available on Bose smart speakers, and soon in brands like Motorola and Sony.“It took me 20 years to get here,” Prasad said. “There’s a big deep learning wave right now and if I think of something new in conversational AI, I know I have a fighting chance of getting it right.”To contact the reporter on this story: Saritha Rai in Bangalore at firstname.lastname@example.orgTo contact the editors responsible for this story: Edwin Chan at email@example.com, Colum MurphyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Raytheon Company and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Raytheon stock was downgraded at Sanford Bernstein a day after getting upgraded at J.P. Morgan. Blame it on “deal limbo.”
U.S. stocks fell on Monday on global growth worries after weekend attacks on Saudi Arabia's crude facilities hit 5% of the world's supply, but a sharp surge in crude prices lifted beaten-down energy stocks and kept losses in check. Shares of Apache Corp, Marathon Oil Corp and Hess Corp jumped between 10% and 13% and were the leading gainers on the benchmark index. Anticipation of higher fuel costs drove down shares of airlines and cruise line operators with the S&P 1500 airlines shedding 2.20% while Carnival Corp fell 2.8%.
Raytheon stock was rising on Monday, following an upgrade from J.P. Morgan, which argues that the shares look cheap, especially considering the benefits of its coming combination with United Technologies.
DULLES, Va. , Sept. 16, 2019 /PRNewswire/ -- A Raytheon Company (NYSE: RTN) team recently conducted a rapid set up demonstration of a land-based expeditionary version of its Joint Precision Approach and ...
New, smaller weapon increases firepower and maneuverability TUCSON, Ariz. , Sept. 16, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) is developing a new medium-range, air-launched weapon called the ...
Raytheon's (RTN) Common Sensor Payload is an electro-optical/infrared sensor system for the U.S. Army's MQ-1C Gray Eagle unmanned aircraft system.
J.P. Morgan, citing growing bullishness about Raytheon's pending merger with peer United Technologies, boosted its target price on the defense giant's stock to $230 from $225.
President Trump 'fast-tracked' the drone delivery industry, according to one executive, as Amazon, UPS and others enter the space.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of United Technologies Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Hypersonic weapons are at the top of the Army's weapons procurement agenda, Ryan McCarthy said during his Senate confirmation hearing to be the next Army secretary.