Best Defense Stocks To Add to Your Watchlist - June 29th

GE Aerospace, Howmet Aerospace, Boeing, Rocket Lab, and Carpenter Technology 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, or service military and national security equipment—ranging from aircraft and armored vehicles to missiles, electronics, and cybersecurity systems. These firms typically derive most of their revenue from government defense contracts and budgets, which can make their earnings more stable and less sensitive to economic cycles. Investors often include defense stocks in their portfolios for diversification and potential downside protection. These companies had the highest dollar trading volume of any Defense stocks within the last several days.

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 $3.50 during midday trading on Friday, reaching $254.50. The company's stock had a trading volume of 26,986,431 shares, compared to its average volume of 5,482,423. GE Aerospace has a 1 year low of $150.20 and a 1 year high of $260.55. The firm has a market capitalization of $271.39 billion, a price-to-earnings ratio of 39.58, a PEG ratio of 3.07 and a beta of 1.38. The stock has a fifty day simple moving average of $228.63 and a two-hundred day simple moving average of $203.00. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.77 and a current ratio of 1.08.

Read Our Latest Research Report on GE

Howmet Aerospace (HWM)

Howmet Aerospace Inc. provides advanced engineered solutions for the aerospace and transportation industries in the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, China, and internationally. It operates through four segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels.

Shares of NYSE HWM traded up $8.22 during mid-day trading on Friday, reaching $185.07. The company had a trading volume of 23,826,568 shares, compared to its average volume of 2,779,244. The stock has a market cap of $74.71 billion, a price-to-earnings ratio of 60.28, a price-to-earnings-growth ratio of 2.79 and a beta of 1.44. Howmet Aerospace has a 52 week low of $76.85 and a 52 week high of $185.52. The business's 50-day moving average is $161.55 and its 200-day moving average is $136.92. The company has a current ratio of 2.30, a quick ratio of 1.07 and a debt-to-equity ratio of 0.70.

Read Our Latest Research Report on HWM

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.

BA traded up $11.98 on Friday, reaching $214.56. 14,787,018 shares of the company traded hands, compared to its average volume of 9,472,166. The company has a market cap of $161.78 billion, a P/E ratio of -11.97 and a beta of 1.43. The firm has a fifty day simple moving average of $197.85 and a two-hundred day simple moving average of $179.98. Boeing has a one year low of $128.88 and a one year high of $218.80.

Read Our Latest Research Report on BA

Rocket Lab (RKLB)

Rocket Lab USA, Inc., a space company, provides launch services and space systems solutions for the space and defense industries. The company provides launch services, spacecraft design services, spacecraft components, spacecraft manufacturing, and other spacecraft and on-orbit management solutions; and constellation management services, as well as designs and manufactures small and medium-class rockets.

Shares of Rocket Lab stock traded down $0.76 on Friday, hitting $35.38. 75,626,732 shares of the company traded hands, compared to its average volume of 17,903,916. The company has a current ratio of 2.08, a quick ratio of 1.72 and a debt-to-equity ratio of 0.97. The company has a market cap of $16.05 billion, a PE ratio of -88.45 and a beta of 2.08. The stock's 50 day moving average price is $25.77 and its 200-day moving average price is $24.25. Rocket Lab has a 52 week low of $4.20 and a 52 week high of $37.66.

Read Our Latest Research Report on RKLB

Carpenter Technology (CRS)

Carpenter Technology Corporation engages in the manufacture, fabrication, and distribution of specialty metals in the United States, Europe, the Asia Pacific, Mexico, Canada, and internationally. It operates in two segments, Specialty Alloys Operations and Performance Engineered Products. The company offers specialty alloys, including titanium alloys, powder metals, stainless steels, alloy steels, and tool steels, as well as additives, and metal powders and parts.

CRS traded up $4.22 during trading on Friday, hitting $277.57. 8,624,276 shares of the stock were exchanged, compared to its average volume of 800,867. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.89 and a current ratio of 3.75. The firm has a 50 day simple moving average of $230.45 and a 200 day simple moving average of $200.97. The firm has a market cap of $13.82 billion, a price-to-earnings ratio of 39.32, a P/E/G ratio of 1.16 and a beta of 1.37. Carpenter Technology has a 1 year low of $103.37 and a 1 year high of $279.51.

Read Our Latest Research Report on CRS