The four defense stocks for income investors to purchase are based in the United States, have a track record of paying dividends and are highly recommended by seasoned stock pickers. They also may gain additional orders in the future with China raising tensions particularly in the Asia-Pacific region by sending 56 of its military jets into neighboring Taiwan’s air space on Oct. 4 in a show of force.
Potential catalysts that could help Raytheon (RTX) outperform BofA’s estimates of the manufacturer’s price objective include commercial aerospace and business aviation jets beating expectations and earnings faring better than the investment firm projects. BofA gave General Dynamics a price objective of $260, using a two-stage DCF analysis which assumes a 9.3% discount rate, 5.2% 2025-2030 growth rate and 2.7% long-term growth rate. Northrop Grumman (NYSE: NOC), a Falls Church, Virginia-based multinational aerospace and defense technology company, employs 90,000 people and produced more than $30 billion in annual revenue. L3 Harris (NYSE: LHX), a Melbourne, Florida-based defense contractor and information technology services provider, produces command, control, communications, computers, cyber-defense, combat systems (C6) and intelligence, surveillance and reconnaissance (ISR) systems and products.
Source: Dividend Investor
Related Articles:
Four Defense Stocks for Income Investors to Purchase as China Escalates Threats
Posted by D4L | Monday, December 06, 2021 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
The best dividend stock nobody is talking about is an undervalued, high-dividend chemical company poised to grow at an exponential rate. Wit...
-
If any investor has stood the test of time, it is Warren Buffett. For years, the “Oracle of Omaha” has had a rock-star-like presence in the ...
-
Last week, we found out that the consumer price index (CPI) went up by 8.3% in April, more than the 8.1% estimate. Meanwhile, the ongoing wa...
-
A full-blown recession, or the late-year rally in Wilson’s view – the natural move for investors will be toward defensive stocks, moves to p...
-
If any investor has stood the test of time, it is Warren Buffett, and with good reason. For years, the “Oracle of Omaha” has had a rock-star...
-
The Dividend Kings, which are those stocks with at least 50 years of dividend growth, is an excellent place to find high quality names. Ther...
-
When a retailer has a sale, it's often celebrated with banners, signs, and commercials telling customers not to miss out on the spectacu...
-
5 big yields, all with upside. But I've got 1 more share to mention. With most of the earnings releases out, the charts are updated to s...
-
Investors need to seek out stocks of established companies that have a track record of delivering consistent, reliable returns to shareholde...
-
We've got 3 picks with dividend yields from 7.5% to 13.1%. Each share also has a significant discount to either projected current book v...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.