Top Defense Stocks To Consider - August 11th

Key Points

• C3.ai, Rocket Lab, and Citigroup are highlighted as key defense stocks due to their high trading volumes and relevance to national security spending.
• C3.ai's stock is currently experiencing volatility with a market cap of $2.29 billion, a P/E ratio of -7.63, and trading around $17.05 despite concerns about profitability.
• Rocket Lab USA has a significant market presence in space and defense, with a market cap of $20.48 billion and a 1-year trading range of $5.03 to $53.44.

C3.ai, Rocket Lab, and Citigroup are the three Defense stocks to watch today, according to MarketBeat's stock screener tool. Defense stocks are shares in publicly traded companies that design, manufacture and support military equipment, weapons systems, cybersecurity solutions and related services. Their performance tends to correlate with government defense budgets, geopolitical tensions and long‐term procurement contracts, making them a popular choice for investors seeking exposure to national security spending. These companies had the highest dollar trading volume of any Defense stocks within the last several days.

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.

Shares of AI stock traded down $5.08 during mid-day trading on Monday, reaching $17.05. The company's stock had a trading volume of 49,115,307 shares, compared to its average volume of 5,681,965. C3.ai has a 1-year low of $14.70 and a 1-year high of $45.08. The company has a market cap of $2.29 billion, a P/E ratio of -7.63 and a beta of 1.98. The firm's 50-day moving average is $25.26 and its two-hundred day moving average is $24.72.

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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 RKLB stock traded down $0.30 during mid-day trading on Monday, reaching $44.39. The company's stock had a trading volume of 15,625,198 shares, compared to its average volume of 19,962,580. Rocket Lab has a 1-year low of $5.03 and a 1-year high of $53.44. The company has a market cap of $20.48 billion, a P/E ratio of -98.22 and a beta of 2.17. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.72 and a current ratio of 2.08. The firm's 50-day moving average is $37.55 and its two-hundred day moving average is $27.81.

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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.

Shares of Citigroup stock traded down $0.50 during mid-day trading on Monday, reaching $92.23. 6,321,566 shares of the stock were exchanged, compared to its average volume of 15,810,161. The company has a market cap of $169.78 billion, a price-to-earnings ratio of 13.63, a price-to-earnings-growth ratio of 0.80 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. The firm has a 50-day simple moving average of $86.07 and a 200 day simple moving average of $77.34. Citigroup has a fifty-two week low of $55.51 and a fifty-two week high of $96.90.

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