2. As of noon trading, SAIC ( SAI) is up $0.60 (4.7%) to $13.42 on heavy volume Thus far, 6.3 million shares of SAIC exchanged hands as compared to its average daily volume of 3.1 million shares. The stock has ranged in price between $13.21-$13.65 after having opened the day at $13.46 as compared to the previous trading day's close of $12.82.

SAIC, Inc. provides scientific, engineering, systems integration, and technical services and solutions to agencies of the U.S. Department of Defense, the intelligence community, the U.S. Department of Homeland Security, other U.S. SAIC has a market cap of $4.4 billion and is part of the services sector. The company has a P/E ratio of 23.4, above the S&P 500 P/E ratio of 17.7. Shares are up 13.3% year to date as of the close of trading on Tuesday. Currently there are 2 analysts that rate SAIC a buy, 2 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates SAIC as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in net income and growth in earnings per share. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full SAIC Ratings Report now.

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