This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

5 Rocket Stocks to Buy Ahead of Earnings Season

Textron

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Aerospace giant Textron (TXT - Get Report) owns some of the industry's best brands, including Cessna airplanes and Bell helicopters. The firm is a major manufacturer of civil and military aircraft, as well as the parts that they need to keep running and an industrial arm that reaches beyond the aviation industry.

So far this year, Textron has climbed 41%. That puts relative strength on our side this fall.

>>5 Stocks Getting Ready to Pay Bigger Dividends

The name "Cessna" may conjure up images of tiny single-engine airplanes, but the unit's biggest product is business jets. Cessna's Citation line of jets is the league leader in the corporate aviation world, ranging from the tiny owner-operated Citation Mustang to the all-new Citation Ten. While the jet business is extremely cyclical, new advances in engine technology are increasing the cost argument for upgrading corporate flight departments, particularly as the cost of fuel climbs and premium airline fares rise with them. Even though Textron's defense business has been under a big magnifying glass in the wake of the ongoing budget debate on Capitol Hill, the firm has managed to maintain the lion's share of the dollars coming in from the Department of Defense.

Textron's captive finance arm was a big reason for the firm's major drop in the wake of the recession. The decision to cut the extra lending activities at Textron Finance was a good one - the firm needs to stick to its core business. At this point, the finance business is stronger, more liquid, and cheap than it ever was before, and that sets the stage for a Textron rebound in 2012.
4 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
AME $55.55 0.09%
LULU $65.18 0.19%
PII $149.14 0.30%
SNY $49.47 -0.58%
TXT $44.49 -0.49%

Markets

DOW 17,730.11 -27.80 -0.16%
S&P 500 2,076.78 -0.64 -0.03%
NASDAQ 5,009.2140 -3.9090 -0.08%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs