Free Trial

Best Defense Stocks To Watch Today - March 22nd

Boeing logo with Aerospace background
Remove Ads

Boeing, Lockheed Martin, General Electric, Citigroup, and Cadence Design Systems are the five Defense stocks to watch today, according to MarketBeat's stock screener tool. Defense stocks are shares of companies that develop and manufacture products and services for military and national security purposes. These companies often produce advanced technologies, weaponry, and related services, with their financial performance closely tied to government defense spending and global geopolitical events. These companies had the highest dollar trading volume of any Defense stocks within the last several days.

Boeing (BA)

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through Commercial Airplanes; Defense, Space & Security; and Global Services segments.

NYSE BA traded up $5.49 during trading hours on Friday, hitting $178.32. 26,776,050 shares of the stock were exchanged, compared to its average volume of 8,655,679. The company has a market cap of $133.75 billion, a price-to-earnings ratio of -9.73 and a beta of 1.53. Boeing has a 12-month low of $137.03 and a 12-month high of $196.95. The stock has a 50-day moving average of $172.98 and a 200 day moving average of $163.57.

Read Our Latest Research Report on BA

Lockheed Martin (LMT)

Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. The company operates through Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space segments.

Remove Ads

Lockheed Martin stock traded down $26.48 during mid-day trading on Friday, reaching $440.26. The company had a trading volume of 7,138,165 shares, compared to its average volume of 1,130,249. Lockheed Martin has a 1 year low of $419.70 and a 1 year high of $618.95. The company has a debt-to-equity ratio of 3.10, a current ratio of 1.13 and a quick ratio of 0.95. The company has a market capitalization of $103.63 billion, a P/E ratio of 19.78, a P/E/G ratio of 2.07 and a beta of 0.43. The stock's 50-day simple moving average is $460.94 and its 200-day simple moving average is $515.23.

Read Our Latest Research Report on LMT

General Electric (GE)

General Electric Company, doing business as GE Aerospace, designs and produces commercial and defense aircraft engines, integrated engine components, electric power, and mechanical aircraft systems. It also offers aftermarket services to support its products. The company operates in the United States, Europe, China, Asia, the Americas, the Middle East, and Africa.

Shares of GE stock traded up $0.06 during trading hours on Friday, hitting $203.99. The company's stock had a trading volume of 7,960,224 shares, compared to its average volume of 5,362,304. The business has a fifty day moving average of $198.63 and a 200-day moving average of $184.87. The stock has a market cap of $218.94 billion, a price-to-earnings ratio of 34.06, a P/E/G ratio of 2.59 and a beta of 1.19. General Electric has a twelve month low of $133.99 and a twelve month high of $212.19. The company has a current ratio of 1.09, a quick ratio of 0.81 and a debt-to-equity ratio of 0.88.

Read Our Latest Research Report on GE

Citigroup (C)

Citigroup Inc., a diversified financial service holding company, provides various financial product and services to consumers, corporations, governments, and institutions worldwide. It operates through five segments: Services, Markets, Banking, U.S. Personal Banking, and Wealth. The Services segment includes Treasury and Trade Solutions, which provides cash management, trade, and working capital solutions to multinational corporations, financial institutions, and public sector organizations; and Securities Services, such as cross-border support for clients, local market expertise, post-trade technologies, data solutions, and various securities services solutions.

NYSE C traded up $0.11 during mid-day trading on Friday, reaching $71.93. 21,720,996 shares of the stock were exchanged, compared to its average volume of 13,310,037. The stock has a market capitalization of $135.56 billion, a PE ratio of 12.09, a PEG ratio of 0.64 and a beta of 1.43. The business's fifty day simple moving average is $77.46 and its 200 day simple moving average is $70.20. Citigroup has a 1-year low of $53.51 and a 1-year high of $84.74. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.96 and a current ratio of 0.96.

Read Our Latest Research Report on C

Cadence Design Systems (CDNS)

Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification.

Shares of CDNS traded up $3.92 during mid-day trading on Friday, reaching $262.42. The company had a trading volume of 5,699,757 shares, compared to its average volume of 1,808,509. The stock has a market cap of $71.93 billion, a price-to-earnings ratio of 67.98, a price-to-earnings-growth ratio of 3.88 and a beta of 1.05. The firm has a fifty day simple moving average of $278.01 and a 200-day simple moving average of $283.79. Cadence Design Systems has a fifty-two week low of $230.09 and a fifty-two week high of $328.99. The company has a current ratio of 2.93, a quick ratio of 2.27 and a debt-to-equity ratio of 0.53.

Read Our Latest Research Report on CDNS

Featured Stories

Should You Invest $1,000 in Boeing Right Now?

Before you consider Boeing, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Boeing wasn't on the list.

While Boeing currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Top Nuclear Stocks To Buy Now Cover

Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

Recent Videos

Time to Buy SoFi? Fintech’s Next Big Move
3 Chip Stocks Primed for a Comeback—Have They Found the Bottom?
Why Palantir’s Future Just Got a Massive Boost

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads