General Dynamics Stock Hits New 52-Week High (GD)

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.

NEW YORK ( TheStreet) -- General Dynamics (NYSE: GD) hit a new 52-week high Thursday as it is currently trading at $72.38, above its previous 52-week high of $72.18 with 932,349 shares traded as of 10:56 a.m. ET. Average volume has been 2.6 million shares over the past 30 days.

General Dynamics has a market cap of $23.75 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are up 3.6% year to date as of the close of trading on Wednesday.

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.

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TheStreet Ratings rates General Dynamics as a buy. Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full General Dynamics Ratings Report.

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