Best Defense Stocks To Add to Your Watchlist - July 4th

BigBear.ai, Citigroup, Boeing, GE Aerospace, and Cadence Design Systems are the five Defense stocks to watch today, according to MarketBeat's stock screener tool. Defense stocks are shares of publicly traded companies that design, manufacture, and supply military equipment, weapons systems, and related technologies to governments and defense organizations. These companies’ revenues and stock performance tend to track national and global defense budgets, geopolitical tensions, and government procurement cycles. Investors often view defense stocks as a way to gain exposure to a sector that can offer relatively stable cash flows and dividends, albeit with sensitivity to political and regulatory developments. These companies had the highest dollar trading volume of any Defense stocks within the last several days.

BigBear.ai (BBAI)

BigBear.ai Holdings, Inc. provides artificial intelligence-powered decision intelligence solutions. It offers national security, supply chain management, and digital identity and biometrics solutions. The company also provides data ingestion, data enrichment, data processing, artificial intelligence, machine learning, predictive analytics, and predictive visualization solutions and services.

BigBear.ai stock traded up $0.17 during trading hours on Friday, reaching $7.73. 201,359,253 shares of the stock were exchanged, compared to its average volume of 49,656,135. BigBear.ai has a 52-week low of $1.17 and a 52-week high of $10.36. The stock has a market cap of $2.25 billion, a P/E ratio of -9.90 and a beta of 3.46. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.66 and a current ratio of 1.66. The firm's 50 day moving average is $4.13 and its 200 day moving average is $4.20.

Read Our Latest Research Report on BBAI

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 $1.91 during trading hours on Friday, hitting $88.67. 13,229,886 shares of the stock were exchanged, compared to its average volume of 14,629,018. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.52. The company has a market cap of $165.61 billion, a price-to-earnings ratio of 14.01, a price-to-earnings-growth ratio of 0.67 and a beta of 1.34. Citigroup has a 12-month low of $53.51 and a 12-month high of $88.80. The stock has a 50-day moving average of $76.22 and a 200 day moving average of $74.04.

Read Our Latest Research Report on C

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 $3.72 on Friday, hitting $215.75. 4,476,122 shares of the company's stock were exchanged, compared to its average volume of 9,472,233. The firm has a market cap of $162.68 billion, a price-to-earnings ratio of -12.04 and a beta of 1.41. The firm's 50-day moving average price is $201.38 and its two-hundred day moving average price is $181.06. Boeing has a fifty-two week low of $128.88 and a fifty-two week high of $218.80.

Read Our Latest Research Report on BA

GE Aerospace (GE)

GE Aerospace (also known as General Electric) is a company that specializes in providing aerospace products and services. It operates through two reportable segments: Commercial Engines and Services and Defense and Propulsion Technologies. It offers jet and turboprop engines, as well as integrated systems for commercial, military, business, and general aviation aircraft.

GE stock traded up $2.03 on Friday, reaching $246.78. 3,089,499 shares of the company's stock were exchanged, compared to its average volume of 5,509,984. The stock has a fifty day moving average of $233.42 and a 200-day moving average of $205.06. The firm has a market cap of $263.16 billion, a PE ratio of 38.38, a P/E/G ratio of 2.95 and a beta of 1.37. The company has a quick ratio of 0.77, a current ratio of 1.08 and a debt-to-equity ratio of 0.90. GE Aerospace has a twelve month low of $150.20 and a twelve month high of $260.55.

Read Our Latest Research Report on GE

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.

CDNS stock traded up $17.54 during trading on Friday, reaching $328.49. 2,274,696 shares of the company were exchanged, compared to its average volume of 2,028,063. Cadence Design Systems has a 52-week low of $221.56 and a 52-week high of $330.09. The company has a debt-to-equity ratio of 0.52, a quick ratio of 2.90 and a current ratio of 3.07. The company has a market cap of $89.69 billion, a P/E ratio of 83.16, a PEG ratio of 4.31 and a beta of 0.99. The stock's 50 day moving average price is $304.73 and its 200 day moving average price is $286.79.

Read Our Latest Research Report on CDNS

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