Defense Companies Earn Their Name

Several aerospace and defense companies recently posted record quarters. Axsys Technologies(AXYS Quote), Applied Signal Technology(APSG Quote), Hi-Shear Technology(HSR Quote), Raytheon(RTN Quote) and Elbit Systems(ESLT Quote) are top-sector performers, according to our quantitative model. As our list of "buy"-rated stocks dwindles, these five have maintained the highest marks, indicating strong fundamentals.

Company Ticker Quarterly Revenue Quarterly Net Income YTD Return Cheap Expensive Applied Signal Tech. APSG 26% increase 101% increase 6% P/B,P/CF P/E, P/S Axsys Technologies AXYS 43% increase 93% increase 60% - P/B, P/CF, P/E, P/S Elbit Systems ESLT 40% increase 4609% increase -32% P/CF,P/S P/B, P/E Hi-Shear Technology HSR 7% increase 3% increase -29% P/CF P/B, P/E, P/S Raytheon RTN 12% increase 43% increase -23% P/B, P/CF P/E, P/S Source: TheStreet.com Ratings

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