Top Cheap Companies To Buy For 2015: S&P GSCI(GD)
General Dynamics Corporation, an aerospace and defense company, provides business aviation; combat vehicles, weapons systems, and munitions; military and commercial shipbuilding; and communications and information technology products and services worldwide. Its Aerospace group designs, manufactures, and outfits various large and mid-cabin business-jet aircraft; provides maintenance, repair work, fixed-based operations, and aircraft management services; and performs aircraft completions for aircraft. The company?s Combat Systems group offers tracked and wheeled military vehicles, weapons systems, and munitions. Its product lines include wheeled combat and tactical vehicles; battle tanks and infantry vehicles; munitions and propellant; rockets and gun systems; and axle and drivetrain components and aftermarket parts. This group also manufactures and supplies engineered axles, suspensions, and brakes for heavy-load vehicles for military and commercial customers. The company Advisors' Opinion:
- [By Rich Smith]
In addition to the new awards, the Pentagon also issued contract modifications to both BAE and to General Dynamics (NYSE: GD ) on a pair of contracts to the effect that both firms are being given an additional six months to develop new prototype ground combat vehicles that the Army is considering as replacementsfor its existing armored personnel carrier fleet. The value of GD's development contract on this project is said to have a maximum value of $180.4 million, while BAE's development contract maxes out at $159.5 million.
- [By Tom Rojas and Maria Armental var popups = dojo.query(".socialByline .popC"); ]
General Dynamics Corp.'s(GD) second-quarter earnings slipped as the company recorded sales declines in three of its four business units, including its Gulfstream business-jet unit. Shares edged up slightly to $119 premarket.
- [By Lau! ren Pollock]
General Dynamics Corp.(GD) said it swung to a fourth-quarter profit, while revenue edged up modestly. Results topped expectations, but shares edged down 1.8% to $93.55 premarket.
- [By Lee Jackson]
General Dynamics Corp. (NYSE: GD) is the only other defense name to be a stock to Buy at UBS. Strong orders from overseas customers are helping to offset the decline in domestic defense spending. While orders have improved, the companys backlog is flat with last year’s numbers. Investors are paid a 2.24% dividend. The UBS price target is $118, and the consensus target is $111.76. The stock closed Wednesday at $105.26.
source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/top-cheap-companies-to-buy-for-2015.html
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