Lockheed Martin Corporation

(

LMT

) pushed the Aerospace/Defense industry higher today making it today's featured aerospace/defense winner. The industry as a whole closed the day down 0.2%. By the end of trading, Lockheed Martin Corporation rose $1.44 (1.9%) to $75.39 on light volume. Throughout the day, two million shares of Lockheed Martin Corporation exchanged hands as compared to its average daily volume of 2.7 million shares. The stock ranged in a price between $74-$76.23 after having opened the day at $74 as compared to the previous trading day's close of $73.95. Other companies within the Aerospace/Defense industry that increased today were:

American Defense Systems Inc

(

EAG

), up 8%,

Astrotech

(

ASTC

), up 7.6%,

Embraer S.A

(

ERJ

), up 3.6%, and

Edac Technologies Corporation

(

EDAC

), up 2.1%.

Lockheed Martin Corporation engages in the research, design, development, manufacture, integration, operation, and sustainment of advanced technology systems and products in the United States and internationally. Lockheed Martin Corporation has a market cap of $24.1 billion and is part of the

industrial goods

sector. The company has a P/E ratio of 9.2, above the average aerospace/defense industry P/E ratio of 8.8 and below the S&P 500 P/E ratio of 17.7. Shares are up 5.8% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Lockheed Martin as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, solid stock price performance, increase in net income and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

On the negative front,

TAT Technologies

(

TATT

), down 7.8%,

Smith & Wesson Holding Corporation

(

SWHC

), down 6.2%,

Astronics Corporation

(

ATRO

), down 2.7%, and

AAR

(

AIR

), down 2.6%, were all losers within the aerospace/defense industry with

Triumph Group Inc

(

TGI

) being today's aerospace/defense industry loser.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the aerospace/defense industry could consider

iShares DJ US Aerospace & Def Idx

(

ITA

) while those bearish on the aerospace/defense industry could consider

ProShares Short Dow 30

(

DOG

).

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