Bulls REASONS TO BUY
Bears REASONS TO SELL
June 19, 2013
(Stock Blog Hub, 5/30/13)
We have maintained our Neutral recommendation on Northrop Grumman Corporation (NOC) on May 22, 2013 on the back of its improved performance and lower share count that led to a top and bottom...(read more)
(Stock Blog Hub, 5/13/13)
We expect Northrop Grumman Corp. (NOC) to beat expectations when it reports first quarter 2013 results on Apr 24. Why a Likely Positive Surprise? Our proven model shows that...(read more)
(Random Roger's Big Picture, 4/4/13)
Yesterday about 2/3 of the way through the regular session the market sold off sharply. The selloff was attributed to (beware explanation fallacy, but still) comments from Chuck Hagel...(read more)
Northrop Grumman (NOC) Company Overview
Northrop Grumman Corporation (NYSE:NOC) is the world’s third largest defense contractor; it manufactures aircraft carriers, submarines, space craft systems, mission-critical computer systems, and wireless communications infrastructure; about 90% of its revenue comes from the U.S. Department of Defense (DoD). The company is currently based out of Los Angeles, CA, but is scheduled to move to Falls Church, VA.
With its success based primarily on American military spending, the country's political climate is the primary driver of Northrop Grumman's growth. Historically, defense spending has been inversely correlated with non-defense spending, as both compete for limited dollars in the budget. The imminent retirement of 78 million of America's citizens and their future demands for Medicaid and Social Security payment does not bode well for the defense industry as a whole.(Read more at Wikinvest )
What's in this NOC analysis on Wikinvest...