Northrop Grumman

(

NOC

) pushed the Aerospace/Defense industry higher today making it today's featured aerospace/defense winner. The industry as a whole closed the day down 0.4%. By the end of trading, Northrop Grumman rose 31 cents (0.6%) to $55.13 on average volume. Throughout the day, 2.1 million shares of Northrop Grumman exchanged hands as compared to its average daily volume of 2.4 million shares. The stock ranged in a price between $54.82-$55.52 after having opened the day at $54.96 as compared to the previous trading day's close of $54.82. Other companies within the Aerospace/Defense industry that increased today were:

American Defense Systems Inc

(

EAG

), up 9.1%,

Curtiss-Wright Corporation

(

CW

), up 3.6%,

AerCap Holdings N.V

(

AER

), up 2.8%, and

Moog Inc

(

MOG.B

), up 2.2%.

Northrop Grumman Corporation provides products, services, and solutions in aerospace, electronics, information systems, shipbuilding, and technical service sectors. Northrop Grumman has a market cap of $13.96 billion and is part of the

industrial goods

sector. The company has a P/E ratio of 7.8, equal to the average aerospace/defense industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 6.8% year to date as of the close of trading on Monday.

TheStreet Ratings rates Northrop Grumman as a

buy

. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, notable return on equity and increase in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the negative front,

Astrotech

(

ASTC

), down 8.8%,

Aerosonic Corporation

(

AIM

), down 6.7%,

TAT Technologies

(

TATT

), down 5.6%, and

LMI Aerospace Inc

(

LMIA

), down 3.5%, were all losers within the aerospace/defense industry with

Embraer S.A

(

ERJ

) 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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