Promising Defense Stocks To Watch Now - August 17th

Key Points

• Boeing, GE Aerospace, and Citigroup are highlighted as the top defense stocks to watch, driven by their recent high trading volumes and strong performance in the defense sector.
• Boeing has a market capitalization of $177.93 billion and recently saw its share price rise to $235.31, while GE Aerospace's stock reached $267.62, valuing the company at $283.79 billion.
• Citigroup's shares dipped to $93.66, with a market cap of $172.42 billion, emphasizing the varied performance across these defense-relevant companies amid geopolitical concerns.

Boeing, GE Aerospace, and Citigroup are the three Defense stocks to watch today, according to MarketBeat's stock screener tool. Defense stocks are shares of companies that design, manufacture, and support military equipment, weapons systems, and related services for government defense agencies. These firms typically operate under long-term contracts funded by defense budgets, making their revenues more tied to geopolitical events and national security policies than to economic cycles. Investors often view defense stocks as a way to gain exposure to a stable, government-backed sector, though they carry political and regulatory risks. 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 NYSE BA traded up $2.12 during mid-day trading on Friday, hitting $235.31. The company had a trading volume of 6,285,891 shares, compared to its average volume of 6,798,152. The stock's 50-day moving average price is $219.45 and its 200-day moving average price is $192.62. Boeing has a 1 year low of $128.88 and a 1 year high of $242.69. The company has a market capitalization of $177.93 billion, a price-to-earnings ratio of -14.25 and a beta of 1.48.

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 Aerospace stock traded down $2.08 during trading on Friday, reaching $267.62. The company had a trading volume of 5,202,309 shares, compared to its average volume of 4,687,750. The company has a current ratio of 1.04, a quick ratio of 0.73 and a debt-to-equity ratio of 0.88. The firm has a market capitalization of $283.79 billion, a price-to-earnings ratio of 37.32, a price-to-earnings-growth ratio of 2.88 and a beta of 1.44. GE Aerospace has a 52 week low of $159.36 and a 52 week high of $281.50. The firm's 50-day simple moving average is $257.44 and its 200 day simple moving average is $224.35.

Read Our Latest Research Report on GE

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 C stock traded down $1.80 during trading hours on Friday, reaching $93.66. 11,998,955 shares of the company's stock were exchanged, compared to its average volume of 15,281,200. The stock's 50 day moving average is $87.83 and its 200-day moving average is $77.84. The company has a market cap of $172.42 billion, a price-to-earnings ratio of 13.83, a P/E/G ratio of 0.81 and a beta of 1.38. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 1.61. Citigroup has a fifty-two week low of $55.51 and a fifty-two week high of $96.90.

Read Our Latest Research Report on C

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