Boeing (BA) and Airbus (EADSY) remain fierce competitors in commercial aviation. Demand remains strong for passenger jets to serve growing middle classes in China, India and other emerging economies.
Northrop Reports As GOP Debt War Threatens Defense Spending
But the contest has been more lopsided in the midrange segment, forcing Boeing to develop a new jetliner and stem market-share losses to Airbus.
Boeing Stock Recovers After Q4 Surprise
On the defense side, stocks have generally outperformed the market this year as the United States spent billions on aid to support Ukraine following Russia’s invasion in February. Additionally, tensions between the United States and China have risen over the sovereignty of Taiwan. With this new focus on national and international security, it is leading countries to bulk up their military posture, which should generate demand for U.S. defense contractors.
Bookmark this page to stay on top of the latest defense stocks and aerospace sector news.
GE Stock At New High As Investor Event, Defining Moment LoomGeneral Electric is set to discuss its business and outlook at an investor event Thursday. GE stock eased near a buy point Tuesday. The meeting with analysts is being held at the GE aerospace headquarters in Cincinnati. The venue is notable. The storied conglomerate is on track to spin off its struggling power…
Read More
Raytheon Technologies Sees RS Rating Climb To 74Raytheon Technologies had its Relative Strength (RS) Rating upgraded from 70 to 74 Friday — a welcome improvement, but still shy of the 80 or better score you prefer to see. When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.IBD’s proprietary rating identifies…
Read More
The Best Defense Stocks For Today — And The FutureThe best defense stocks boast long-term programs as well as footholds in emerging priorities for the U.S. and its allies, while the Russia-Ukraine war drags on. Russia-Ukraine War Impacts Defense Stocks Defense stocks surged following Russia’s invasion of Ukraine on Feb. 24, 2022. The U.S. is sending weapons such as the Lockheed Martin…
Read More
Heico Stock Retreats As Seven-Quarter Earnings Streak Falls ShortDefense components provider Heico earnings grew for the seventh consecutive quarter for Q1 results late Monday. However, Heico stock retreated after hours as earnings fell short of Wall Street estimates. Hollywood, Fla.-based Heico makes electronic equipment, components and parts for defense, aviation and aerospace customers. The company provides repair, manufacturing, engineering and reverse…
Read More
General Electric Leads Five Stocks Near Buy Points Showing StrengthGeneral Electric leads five stocks to watch for the week ahead as GE stock hovers in a buy zone. Toll Brothers, Booking Holdings, Textron and SPC Commerce are all showing relative strength amid a weaker market. The current market uptrend is under increasing pressure as indexes break support levels. It’s recommended investors trim…
Read More
Stocks With Rising Relative Strength: Mercury SystemsMercury Systems saw a positive improvement to its Relative Strength (RS) Rating on Monday, rising from 68 to 76. As you try to find the best stocks to buy and watch, keep a close on eye on relative price strength.IBD’s proprietary RS Rating tracks market leadership by using a 1 (worst) to 99…
Read More
China Blacklists Lockheed Martin, Raytheon Over Taiwan Arms SalesOn Thursday, China imposed new sanctions against Lockheed Martin and Raytheon in retaliation for weapons sales to Taiwan. China’s sanctions come after the U.S. last week banned several companies for their involvement in China’s surveillance balloon program. Lockheed Martin stock and Raytheon stock edged down Thursday following the news. China added the defense…
Read More
Stocks With Rising Relative Price Strength: Spirit AeroSystems Cl AOn Tuesday, Spirit AeroSystems Cl A hit a key performance benchmark, with its Relative Strength (RS) Rating moving into the 80-plus percentile with an upgrade to 89, an increase from 77 the day before. When you’re researching the best stocks to buy and watch, keep a close on eye on relative price strength.This…
Read More
YOU MIGHT ALSO LIKE:
The Best Defense Stocks For Today — And The Future
Join IBD Live And Learn Top Chart-Reading And Trading Techniques From The Pros
Best Stocks To Buy And Watch
Get Timely Buy & Sell Alerts With IBD Leaderboard
MarketSmith’s Tools Can Help The Individual Investor
Profit From Short-Term Trends With SwingTrader
The post Defense And Aerospace Stocks To Watch And Industry News appeared first on Investor’s Business Daily.
Energy News Beat
