Defense Stocks To Follow Today - August 3rd

Key Points

• Boeing, Citigroup, and GE Aerospace are identified as the top defense stocks to follow today, reflecting high trading volumes and activity in the defense sector.
• Boeing's stock has been trading around $221.94 with significant fluctuations, while Citigroup's shares are currently at $91.84, indicating market responsiveness to financial performance.
• GE Aerospace specializes in aerospace products and services with a current stock price of $269.49, and has shown robust growth potential with significant market capitalization.

Boeing, Citigroup, and GE Aerospace are the three Defense stocks to watch today, according to MarketBeat's stock screener tool. Defense stocks are shares of publicly traded companies that develop, manufacture, and sell military and defense-related products or services—such as aircraft, weapons systems, cybersecurity solutions, and support logistics—for national armed forces. These companies typically benefit from government defense budgets and long-term procurement contracts. Investors often consider defense stocks for their potential stability and dividend yields, especially during periods of geopolitical uncertainty. 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.

Shares of Boeing stock traded up $0.10 during trading hours on Friday, hitting $221.94. The company's stock had a trading volume of 8,556,620 shares, compared to its average volume of 7,665,790. Boeing has a twelve month low of $128.88 and a twelve month high of $242.69. The firm has a fifty day moving average of $215.23 and a 200-day moving average of $188.83. The stock has a market cap of $167.82 billion, a price-to-earnings ratio of -13.44 and a beta of 1.48.

Read Our Latest Research Report on BA

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.

Shares of Citigroup stock traded down $1.86 during trading hours on Friday, hitting $91.84. The company's stock had a trading volume of 17,720,586 shares, compared to its average volume of 15,836,717. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.98 and a current ratio of 0.99. The stock has a market cap of $171.53 billion, a price-to-earnings ratio of 13.57, a P/E/G ratio of 0.79 and a beta of 1.38. Citigroup has a twelve month low of $53.51 and a twelve month high of $96.90. The firm has a fifty day moving average of $84.36 and a 200-day moving average of $76.97.

Read Our Latest Research Report on C

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.

Shares of GE stock traded down $1.59 on Friday, hitting $269.49. The stock had a trading volume of 4,380,267 shares, compared to its average volume of 6,337,291. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.04 and a quick ratio of 0.73. The firm has a market capitalization of $285.78 billion, a P/E ratio of 37.59, a P/E/G ratio of 2.90 and a beta of 1.44. GE Aerospace has a 1 year low of $150.20 and a 1 year high of $274.94. The company's 50 day moving average price is $252.13 and its 200-day moving average price is $218.64.

Read Our Latest Research Report on GE

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