A group of shorts thought that significant airline insider selling in February, combined with the decline provoked by increasing bond yields on Friday, was a very good sign to sell airlines. By 11:30 eastern, the trend reversed after realizing that since over 50% of U.S. 65 year olds have been vaccinated, the Covid-19 mortality rate was effectively cut by 40%. *This is just my opinion of course.
The U.S. government wants to hire 6,000 new airport security screeners by the summer as progress in vaccinating people for Covid-19 is projected to lead to an increase in travel.
Morgan Stanley has Lowered it's PT from $161 to $149. LQQKS (eyes rolling) incomprehensibly Stoopid! But, just in case they KNOW something or they're short, I've got a lowball GTC+ext for $150. Could it be that they've acquired a bunch of Phantom shares that they can use as 'bullets' ???
B
Mick- I agree with you....looking at the chart and the MAs....this thing seems poised to make a move at the 200 day MA at minimum. I don't want to make predictions beyond that based off of charts but the company is so strong and perfectly diversified. I don't get why the street doesn't slap a higher market cap on them and just get it over with.......but I guess it makes the dividends more meaningful with the lower share price for now.
The Defense sector as a whole is out of favor right now. The wide moat players like LMT, GD, RTX and a few others have a lot of upside ahead with fairly limited risk in my opinion.
M
price will increase as an inverse Head and Shoulders has already been formed buy buy buy
I
ZACKS almost every sell stock they put out went up significant the day they put it out.
Y
General Dynamics is up 4.97% to 157.79
I
How is this not up huge:
"Total estimated contract value, the sum of all backlog components, was $132.2 billion at the end of the quarter, approximately 30% more than the year-ago quarter. "
When lawmakers return to Capitol Hill next week, they will begin considering the Pentagon's colossal budget request. They have until Oct. 1 to approve the budget or negotiate a new funding deal with the White House.
When lawmakers return to Capitol Hill next week, they will begin considering the Pentagon's colossal budget request. They have until Oct. 1 to approve the budget or negotiate a new funding deal with the White House.
www.cnbc.com
C
Good morning! It’s a tremendous time to invest in many stocks, but GD has to be in top 10. Excellent management, value-friendly PE ratio and juicy consistent dividends. Don’t trust yahoo dividend N/A, here’s the facts: “The board of directors of General Dynamics (NYSE: GD) today declared a regular quarterly dividend of $1.10 per share on the company's common stock, payable August 7, 2020, to shareholders of record on July 3, 2020.”
K
Very large contract win for their IT today. Had moved $ here from RTX and thought to sell some GD to back into RTX. Today's IT win and listening to RTX call stopped that. RTX much to aligned with Commercial Aerospace now. GD has Gulftream division but my thought is that business jets will recover much faster than commercial. Add in the IT, ship/sub building, and land systems I believe that GD should be in same league with LMT and NOC. Not RTX, HII and TXT, where it is currently valued at. I believe the market will get it right at some point. GLTA Longs!
S
Credit Suisse Group reissued their buy rating on shares of General Dynamics ($190 target)
P
In my opinion, this is a great buy at these prices. Hard to find a high performing company trading with its stock at a depressed level in this market. GD fits the bill.
Z
This is coming back. Good Earnings, Great Profit, Good Margins, Soft Outlook only on Margins. Just wait a week and it will be in the $180+
A group of shorts thought that significant airline insider selling in February, combined with the decline provoked by increasing bond yields on Friday, was a very good sign to sell airlines. By 11:30 eastern, the trend reversed after realizing that since over 50% of U.S. 65 year olds have been vaccinated, the Covid-19 mortality rate was effectively cut by 40%. *This is just my opinion of course.
$JETS $ACDVF $AAL $UAL $LUV $JBLU $DAL $ALK $SKYW $HA $CJT.TO $ALGT $TXT $GD $RYAAY $WIZZ.L $0753.HK
$JETS $AC.TO $AAL $UAL $LUV $JBLU $DAL $ALK $SKYW $HA $CJT.TO $ALGT $TXT $GD $RYAAY $WIZZ.L $0753.HK
$JETS $ACDVF $AAL $UAL $LUV $JBLU $DAL $ALK $SKYW $HA $CJT.TO $ALGT $TXT $GD $RYAAY $WIZZ.L $0753.HK
$JETS $ACDVF $AAL $UAL $LUV $JBLU $DAL $ALK $SKYW $HA $CJT.TO $ALGT $TXT $GD $RYAAY $WIZZ.L $0753.HK
"Total estimated contract value, the sum of all backlog components, was $132.2 billion at the end of the quarter, approximately 30% more than the year-ago quarter. "
https://www.cnbc.com/2019/04/26/breakdown-of-718-billion-pentagon-budget-request.html