Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
) pushed the Aerospace/Defense industry higher today making it today's featured aerospace/defense winner. The industry as a whole closed the day down 0.8%. By the end of trading, General Dynamics rose $1.90 (1.9%) to $101.55 on heavy volume. Throughout the day, 3,015,597 shares of General Dynamics exchanged hands as compared to its average daily volume of 1,366,000 shares. The stock ranged in a price between $99.93-$101.80 after having opened the day at $100.00 as compared to the previous trading day's close of $99.65. Other companies within the Aerospace/Defense industry that increased today were:
), up 4.3% and
), up 1.5%.
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General Dynamics Corporation, an aerospace and defense company, provides business aviation; combat vehicles, weapons systems, and munitions; military and commercial shipbuilding; and communications and information technology products and services worldwide. General Dynamics has a market cap of $33.6 billion and is part of the industrial goods sector. Shares are down 0.3% year to date as of the close of trading on Wednesday. Currently there are 12 analysts that rate General Dynamics a buy, no analysts rate it a sell, and 3 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, largely solid financial position with reasonable debt levels by most measures and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.
- You can view the full General Dynamics Ratings Report.
On the negative front,
), down 4.0%,
), down 3.9%,
), down 2.7% and
), down 2.4% , were all laggards within the aerospace/defense industry with
) being today's aerospace/defense industry laggard.
- Use our aerospace/defense section to find industry-relevant news.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the aerospace/defense industry could consider
) while those bearish on the aerospace/defense industry could consider
- Find other investment ideas from our top rated ETFs lists.