Are the contracts the reason of stock plunge?

2014-10-28 13:13:05

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Since the middle of October most of stocks regained after one-month collapse. But one of the most gaining companies is General Dynamics, which revealed it's financial results for the third quarter. As Investors.com says, the General Dynamics has improved it's earnings six quarters in a row. The reason of good results is a higher number of contracts.

ZACKS Equity Research specialists claim, that the earnings of General Dynamics has enlarged thanks to strong financial situation, higher backlogs and cost control efforts. Moreover, they expect that higher backlog and improvement at the Combat Systems and Marine Systems segments will boost the sales. Currently these stocks are strongly recommended.

The next good news is that the Pentagon and Congress may streamline the regulations concerning military devices acquisitions.

Military defence companies (link to the trend)


Aerospace/Defense Products & Services


Trend Strength: *****, Change: 12.14% Trend start: Wednesday, 2014-10-15 10:30


Motif instruments:


GDHII

 

News and articles:

Pentagon official upbeat on streamlining U.S. military acquisitions

General Dynamics to Upgrade Canadian Army_s Combat Net Radios

General Dynamics, Northrop Fly On Contract Demand

Cyber-defense Update: General Dynamics Delivers 100,000th TACLANE-Micro Encryptor to U.S. Navy

 



 

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