Northrop Grumman Corp (NOC)
The Company provides technologically advanced, innovative products, services, and integrated solutions in information and services, aerospace, electronics, and shipbuilding to its global customers.
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Uptrend stock with great news
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Seems to be on the upswing, with some BIG defense contracts in the running.
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I'm thinking that the U.S. economic recovery will, long-term, lead to a resurgence in space exploration, and NOC should benefit from that nicely.
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As former NOC engineer, I can tell you government spending never gets old. The $10,000 hammer isn't that far from the truth. No matter what happens to the larger market you will always need established weapons platforms for deterrents. New aircraft carriers are about a cool $9 billion and who else is going to make those? Mattel? No.....NOC. Also if the air tanker refueling contract is awarded (or reawarded depending on how you look at it) to NOC, I expect shares to rise substantially.
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NOC is standing on solid ground and has the products to be successful.
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low P/E / good dividend.. MACD turning up
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Good balance sheet, great products, never ending industry
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Strong back log!!!!
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Northrop Grumman always seems to do things just this side of legal. While that may temporarily help their numbers, I don't think it's the best way to run a company long-term.
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Solid company, solid yield.
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Defense sector will rebound strong.
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At this price you will see good gains
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Large contracts, good earnings.
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Undervalued
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They will beat Boeing a second time in bidding for new fueling tanker, starting new generation aircraft carriers, Global Hawk, F-35
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defence stocks taking a new hair cut. their going to get a burr.
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Buy under $30
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Northrop Grumman Corporation provides products, aero and defense. No shortage here with DOD funding only a select few can do this job.
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US military play
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When traders realize that the president is not going to curtail defense pending, NOC will come back. Defense in general will not be hit as hard by the downturn.

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