Seeking Alpha

Stifel Nicolaus says defense stocks are near a bottom and looking like attractive long-term...

Stifel Nicolaus says defense stocks are near a bottom and looking like attractive long-term opportunities. The firm resumes coverage on Raytheon (RTN +0.1%) with a Buy, saying its international business, 3.6% dividend yield and relatively undersized exposure to big ticket items make it more attractive than its peers. It also starts Lockheed Martin (LMT -0.1%), General Dynamics (GD -0.6%), Northrop Grumman (NOC -0.8%) and L-3 Communications (LLL -1.2%) with a Hold, saying they still need to come in a bit more.
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs