Defense Stocks To Watch Today - May 29th

Boeing, C3.ai, GE Aerospace, Cadence Design Systems, Citigroup, Rocket Lab USA, and Celestica are the seven Defense stocks to watch today, according to MarketBeat's stock screener tool. Defense stocks are shares of publicly traded companies involved in the research, development, and production of military equipment, weapons systems, and security services for government defense agencies. These stocks often benefit from long-term government contracts and relatively stable demand but remain sensitive to geopolitical tensions and shifts in defense spending policies. 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.

NYSE:BA traded up $5.08 during mid-day trading on Thursday, hitting $206.58. The stock had a trading volume of 10,353,067 shares, compared to its average volume of 9,163,839. Boeing has a 52 week low of $128.88 and a 52 week high of $212.15. The stock has a market capitalization of $155.76 billion, a price-to-earnings ratio of -11.27 and a beta of 1.41. The company has a 50 day simple moving average of $177.81 and a 200-day simple moving average of $171.40.

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C3.ai (AI)

C3.ai, Inc. operates as an enterprise artificial intelligence (AI) software company in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company provides C3 AI platform, an application development and runtime environment that enables customers to design, develop, and deploy enterprise AI applications; C3 AI Ex Machina for analysis-ready data; C3 AI CRM, an industry specific customer relationship management solution; and C3 Generative AI Product Suite that enables to locate, retrieve, and present information.

AI stock traded up $5.78 during mid-day trading on Thursday, reaching $28.80. 36,934,033 shares of the stock traded hands, compared to its average volume of 5,315,693. C3.ai has a 52-week low of $17.03 and a 52-week high of $45.08. The stock's fifty day moving average is $21.72 and its 200-day moving average is $28.30. The company has a market cap of $3.82 billion, a P/E ratio of -12.97 and a beta of 1.99.

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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.

NYSE GE traded up $0.20 during trading on Thursday, reaching $243.87. The company's stock had a trading volume of 2,504,641 shares, compared to its average volume of 5,349,451. The stock has a market capitalization of $260.06 billion, a PE ratio of 40.64, a PEG ratio of 2.59 and a beta of 1.31. The company has a current ratio of 1.09, a quick ratio of 0.81 and a debt-to-equity ratio of 0.88. The business has a 50-day moving average price of $203.85 and a 200-day moving average price of $192.75. GE Aerospace has a 1-year low of $150.20 and a 1-year high of $247.99.

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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.

NASDAQ:CDNS traded up $2.54 during mid-day trading on Thursday, hitting $291.15. 2,088,096 shares of the company's stock traded hands, compared to its average volume of 2,161,017. The firm has a 50 day moving average of $282.17 and a two-hundred day moving average of $287.85. The company has a current ratio of 2.93, a quick ratio of 2.27 and a debt-to-equity ratio of 0.53. The firm has a market capitalization of $79.50 billion, a price-to-earnings ratio of 75.32, a price-to-earnings-growth ratio of 3.88 and a beta of 1.04. Cadence Design Systems has a 12 month low of $221.56 and a 12 month high of $328.99.

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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.

Citigroup stock traded down $0.25 during mid-day trading on Thursday, hitting $74.78. 3,818,306 shares of the company were exchanged, compared to its average volume of 16,414,857. Citigroup has a 1-year low of $53.51 and a 1-year high of $84.74. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 1.50. The business has a fifty day moving average of $68.85 and a 200 day moving average of $72.36. The company has a market capitalization of $139.67 billion, a PE ratio of 12.57, a price-to-earnings-growth ratio of 0.64 and a beta of 1.30.

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Rocket Lab USA (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.

RKLB stock traded down $1.29 during trading on Thursday, hitting $27.64. 9,670,840 shares of the stock traded hands, compared to its average volume of 18,119,582. The stock has a market cap of $12.54 billion, a price-to-earnings ratio of -74.75 and a beta of 2.04. Rocket Lab USA has a one year low of $4.15 and a one year high of $33.34. The company has a current ratio of 2.58, a quick ratio of 2.16 and a debt-to-equity ratio of 0.97. The company has a 50 day simple moving average of $21.46 and a 200 day simple moving average of $23.20.

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Celestica (CLS)

Celestica Inc. provides supply chain solutions in North America, Europe, and Asia. It operates through two segments: Advanced Technology Solutions, and Connectivity & Cloud Solutions. The company offers a range of product manufacturing and related supply chain services, including design and development, new product introduction, engineering services, component sourcing, electronics manufacturing and assembly, testing, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics, asset management, product licensing, and after-market repair and return services.

Shares of CLS traded down $1.38 on Thursday, hitting $116.74. The company's stock had a trading volume of 2,163,198 shares, compared to its average volume of 4,735,576. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.47 and a quick ratio of 0.87. The company has a market capitalization of $13.50 billion, a PE ratio of 31.21 and a beta of 1.65. The company has a 50 day moving average price of $91.95 and a 200 day moving average price of $97.98. Celestica has a fifty-two week low of $40.25 and a fifty-two week high of $144.27.

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