General Dynamics: A Defense Play With Forward Growth To Show
Summary
- General Dynamics has been an underperformer relative to peers in the last decade.
- Being long both Lockheed Martin and General Dynamics, I favour the latter for the coming period concerning total returns.
- Industry-wide, traditional defence segments are under pressure with new Pentagon priorities but GD with strong supporting segments driving growth and earnings.
- Growth expectations for General Dynamics outweigh those of Lockheed Martin on both EPS and top line.
Analyst’s Disclosure:I/we have a beneficial long position in the shares of GD, LMT either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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