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Weekly Strategy Calls
Find Stratospheric Stocks in the Aerospace & Defense Industry
Posted: 10/09/2024
This week, Zacks Chief Equity Strategist and Economist John Blank, PhD discusses:
โข Top stocks in Aerospace & Defense, a highly-rated and rapidly evolving industry. In this review, John introduces some less familiar names such as Heico Corp (HEI), Kratos Defense & Security Solutions Inc (KTOS) and Cae Inc (CAE). He also surveys the familiar names that have dominated this industry for decades, including Northrop Grumman Corp (NOC), Lockheed Martin Corp (LMT), and a close analysis of the struggles of Boeing Co (BA).
โข As John does in all his industry analyses, he defines “top” stocks in three ways: by market capitalization, by number of analysts following the stock, and by largest percent change in F1 EPS estimate (the most important element used in assigning a Zacks Rank to stocks).
โข With this framework, John then examines essential metrics for Aerospace & Defense stocks, focusing on data such as Revenue F12M, Return on Equity, Net Margin TTM %, PE F12M, Cash Flow Yield %, and many others. He also looks at the latest trends and developments in this industry, from sustainability efforts including electric flight, to manufacturing developments and novel materials, to immersive technologies (such as augmented reality) in aerospace training. Don’t miss this fascinating and detailed review of the aerospace & defense industry from Zacks’ Chief Equity Strategist!