Promising Defense Stocks Worth Watching - November 15th

Key Points

• GE Aerospace, Boeing, and Rocket Lab were identified as defense stocks with the highest recent dollar trading volume, according to MarketBeat’s screener.
• GE Aerospace shares rose to $331.48 on Friday; the company spans commercial aviation and defense propulsion and has a reported market capitalization of $342.53 billion.
• Boeing closed at $171.45, while Rocket Lab fell to $61.53. Boeing operates across commercial aviation and defense, while Rocket Lab provides launch services and space systems for space and defense customers.

GE Aerospace, Boeing, and Rocket Lab are the three Defense stocks to watch today, according to MarketBeat's stock screener tool. Defense stocks are shares of companies that make military equipment, weapons, aircraft, cybersecurity systems, or other products and services for national defense. Their revenue often depends heavily on government contracts, so investor interest may be influenced by defense spending, geopolitical events, and contract awards. 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 Aerospace stock traded up $0.62 on Friday, reaching $331.48. 3,374,099 shares of the stock were exchanged, compared to its average volume of 5,656,815. The company has a current ratio of 0.98, a quick ratio of 0.68 and a debt-to-equity ratio of 0.96. GE Aerospace has a twelve month low of $268.91 and a twelve month high of $388.84. The firm has a fifty day moving average price of $314.81 and a two-hundred day moving average price of $324.02. The stock has a market cap of $342.53 billion, a PE ratio of 38.23, a PEG ratio of 2.25 and a beta of 1.43.

Read Our Latest Research Report on GE

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 NYSE:BA traded down $0.10 during midday trading on Friday, hitting $171.45. The company's stock had a trading volume of 5,291,906 shares, compared to its average volume of 10,606,441. The stock has a market capitalization of $135.86 billion, a price-to-earnings ratio of 18.66 and a beta of 1.34. The stock's 50 day simple moving average is $188.81 and its 200 day simple moving average is $213.49. Boeing has a fifty-two week low of $165.01 and a fifty-two week high of $254.35. The company has a debt-to-equity ratio of 6.31, a quick ratio of 0.34 and a current ratio of 1.13.

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.

NASDAQ RKLB traded down $2.54 during trading on Friday, hitting $61.53. The company's stock had a trading volume of 13,137,925 shares, compared to its average volume of 19,640,588. Rocket Lab has a 52 week low of $37.57 and a 52 week high of $151.00. The firm has a 50 day moving average price of $62.47 and a 200 day moving average price of $78.36. The firm has a market cap of $36.82 billion, a P/E ratio of -170.92 and a beta of 3.15.

Read Our Latest Research Report on RKLB

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