Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Aerospace/Defense industry higher today making it today's featured aerospace/defense winner. The industry as a whole closed the day up 0.3%. By the end of trading, Raytheon Company rose $0.74 (1.3%) to $58.13 on light volume. Throughout the day, 1,476,146 shares of Raytheon Company exchanged hands as compared to its average daily volume of 2,156,700 shares. The stock ranged in a price between $57.47-$58.41 after having opened the day at $57.68 as compared to the previous trading day's close of $57.39. Other companies within the Aerospace/Defense industry that increased today were:
), up 6.9%,
), up 3.2%,
), up 3.0% and
), up 2.9%.
- EXCLUSIVE OFFER: Jim Cramer's Protege, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
Raytheon Company designs, develops, manufactures, integrates, and supports technological products, services, and solutions for governmental and commercial customers in the United States and internationally. Raytheon Company has a market cap of $18.6 billion and is part of the industrial goods sector. The company has a P/E ratio of 10.1, below the S&P 500 P/E ratio of 17.7. Shares are down 0.3% year to date as of the close of trading on Tuesday.
TheStreet Ratings rates Raytheon Company as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, increase in stock price during the past year, largely solid financial position with reasonable debt levels by most measures 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 Raytheon Company Ratings Report.
On the negative front,
), down 9.8%,
Micronet Enertec Technologies
), down 8.3%,
), down 5.0% and
), down 2.4%.
- Use our aerospace/defense section to find industry-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 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.
Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.