Northrop Grumman Corp (NOC): Today's Featured Industrial Goods Winner
(
) pushed the Industrial Goods sector higher today making it today's featured industrial goods winner. The sector as a whole closed the day up 0.4%. By the end of trading, Northrop Grumman rose $1.37 (1.6%) to $86.90 on average volume. Throughout the day, 1,706,567 shares of Northrop Grumman exchanged hands as compared to its average daily volume of 1,593,300 shares. The stock ranged in a price between $85.50-$87.19 after having opened the day at $85.53 as compared to the previous trading day's close of $85.53. Other companies within the Industrial Goods sector that increased today were:
Innovative Solutions and Support
(
), up 10.4%,
(
), up 9.1%,
(
), up 7.2% and
(
), up 7.0%.
Northrop Grumman Corporation provides systems, products, and solutions in aerospace, electronics, information systems, and technical service areas to government and commercial customers worldwide. Northrop Grumman has a market cap of $20.0 billion and is part of the aerospace/defense industry. Shares are up 25.9% year to date as of the close of trading on Tuesday. Currently there are 2 analysts that rate Northrop Grumman a buy, 2 analysts rate it a sell, and 11 rate it a hold.
TheStreet Ratings rates
Northrop Grumman
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Northrop Grumman Ratings Report.
On the negative front,
China Recycling Energy Corporation
(
), down 8.9%,
(
), down 8.1%,
(
), down 5.4% and
(
), down 4.9% , were all laggards within the industrial goods sector with
(
) being today's industrial goods sector laggard.
- Use our industrial goods section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial goods sector could consider
(
) while those bearish on the industrial goods sector could consider
(
).
- Find other investment ideas from our top rated ETFs lists.
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