Shares of General Dynamics (NYSE:GD) and Northrop Grumman (NYSE:NOC) have both more than doubled over the past five years, thanks to a truce in the partisan Washington budget battles and increased demand from an ever more dangerous world. But both stocks head into earnings season in the doldrums, with Northrop Grumman flat for the year and General Dynamics actually down 5%.
Is the recent performance an indication that defense stocks have peaked, or is this just a temporary lull that could provide a buying opportunity for long-term holders? Here's a look at where things stand for General Dynamics and Northrop Grumman, with an eye toward determining which, if either, is a better buy today.
CompanyMarket Cap
TTM Revenue
TTM P/E Ratio
TTM P/S Ratio
TTM Dividend Yield
General Dynamics
$56.91 billion
$31.07 billion
19.70
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Schnitzer Steel Industries, Inc. recycles ferrous and nonferrous scrap metals; and manufactures finished steel products worldwide. It operates through two segments, Auto and Metals Recycling (AMR) and Steel Manufacturing Business (SMB). The AMR segment buys, collects, processes, recycles, sells, and brokers scrap metals, as well as processes mixed and large pieces of scrap metal into smaller pieces by crushing, torching, shearing, shredding, and sorting. This segment offers ferrous scrap metal, a feedstock used in the production of finished steel products; and nonferrous products, including aluminum, copper, stainless steel, nickel, brass, titanium, lead, high temperature alloys, and joint products. It sells ferrous and nonferrous recycled metal products to steel mills, foundries, and smelters. This segment also procures salvaged vehicles and sells serviceable used auto parts from these vehicles through its 55 self-service auto parts stores in the United States and Western Canada, as well as sells auto bodies and parts containing ferrous and nonferrous materials, such as engines, transmissions, and alternators to wholesalers. The SMB segment produces various finished steel products using recycled metal and other raw materials. It offers semi-finished goods, which include billets; and finished goods consisting of rebar, coiled rebar, wire rods, merchant bars, and other specialty products. This segment serves steel service centers, construction industry subcontractors, steel fabricators, wire drawers, and farm and wood products suppliers. Schnitzer Steel Industries, Inc. was founded in 1906 and is headquartered in Portland, Oregon.
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The Trust has an investment advisory agreement with Massachusetts Financial Services Company (MFS) to provide overall investment management and related administrative services and facilities to the Trust. MFS Service Center, Inc. (MFSC), a wholly owned subsidiary of MFS, received a fee from the Trust for its services as registrar and dividend-disbursing agent. Macro (CURRENCY:MCR) traded flat against the dollar during the 24 hour period ending at 12:00 PM E.T. on August 26th. Macro has a market cap of $0.00 and approximately $0.00 worth of Macro was traded on exchanges in the last day. In the last week, Macro has traded flat against the dollar. One Macro token can currently be bought for about $0.17 or 0.00002327 BTC on major exchanges. Allegheny Technologies Incorporated produces and sells specialty materials and components worldwide. The company operates through two segments, High Performance Materials and Components; and Flat-Rolled Products. 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Schwartz sold 1,000 shares of Allegheny Technologies stock in a transaction dated Monday, September 17th. The shares were sold at an average price of $26.79, for a total value of $26,790.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Allegheny Technologies (NYSE:ATI) was downgraded by research analysts at ValuEngine from a “hold” rating to a “sell” rating in a report released on Tuesday. The Allegheny Technologies (NYSE:ATI) that existed three years ago was bloated with debt, overly dependent on low-efficiency commodity-driven business, and not taking full advantage of the opportunities within its industry or the expertise on its payroll. The Allegheny Technologies that exists today is none of those things -- and all for the better. Allegiance Bancshares, Inc. operates as a bank holding company for Allegiance Bank that provides a range of commercial banking services primarily to small and medium-sized businesses, and individual customers. It accepts deposit products, including checking accounts, commercial accounts, savings accounts, and other time deposits comprising money market accounts and certificates of deposit. The company also grants various loan products, such as commercial and industrial loans; commercial real estate, including multi-family residential loans; commercial real estate construction and land development loans; residential real estate loans, such as 1-4 family residential mortgage loans; residential construction loans; and consumer and other loans. In addition, it offers debit card, cash management, and wire transfer services; night depository, direct deposits, cashier's and travelers checks, and letters of credit; and online bill payment and electronic delivery of customer statements. 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The legal version of this report can be viewed at https://www.tickerreport.com/banking-finance/4189715/allegiance-bancshares-inc-abtx-director-sells-695287-65-in-stock.html. Boston Private Financial Holdings, Inc. operates as the bank holding company for Boston Private Bank & Trust Company that provides a range of banking services in the United States. The company operates through four segments: Private Banking, Wealth Management and Trust, Investment Management, and Wealth Advisory. Its deposit products include checking accounts, savings and NOW accounts, money market accounts, and certificates of deposit. 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As of January 27, 2016, the company had offices in Boston, New York, Los Angeles, San Francisco, San Jose, Atlanta, Florida, Wisconsin, and Texas. Boston Private Financial Holdings, Inc. was incorporated in 1987 and is headquartered in Boston, Massachusetts. Get a free copy of the Zacks research report on Boston Private Financial (BPFH) For more information about research offerings from Zacks Investment Research, visit Zacks.com Boston Private Financial (NASDAQ:BPFH) was downgraded by equities research analysts at ValuEngine from a “hold” rating to a “sell” rating in a note issued to investors on Thursday. We commenced operations in 1998 through Beijing Acorn Trade Co., Ltd., or Beijing Acorn, and in 2000, two other operating companies, Shanghai Network, and Shanghai Acorn Trade and Development Co., Ltd., or Shanghai Trade, were established and commenced business operations. 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(NYSE: ATV) got a boost, shooting up 15 percent to $28.6813 after the company declared a special one-time cash dividend of $14.97 per ADS.Hot Warren Buffett Stocks To Invest In 2021: MFS Charter Income Trust(MCR)
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Hot Warren Buffett Stocks To Invest In 2021: Boston Private Financial Holdings, Inc.(BPFH)
Hot Warren Buffett Stocks To Invest In 2021: Acorn International, Inc.(ATV)
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