Previous close | 30.92 |
Open | 31.27 |
Bid | 31.78 x 0 |
Ask | 31.87 x 0 |
Day's range | 31.27 - 31.27 |
52-week range | 13.92 - 33.61 |
Volume | |
Avg. volume | 7 |
Market cap | N/A |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | 30 Oct 2024 - 04 Nov 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Ongoing geopolitical conflicts continue to escalate in Europe and the Middle East, causing defense budgets for certain countries to increase. With that increase, comes defense spending, but which companies can best capitalize on this momentum? Citi managing director, aerospace and defense lead analyst Jason Gursky joins Market Domination to give insight into the defense sector and what investors need to know about the current environment. Gursky explains the defense sector is doing well as governments look to bolster and modernize their defenses as ongoing geopolitical conflicts escalate: "Military modernization is the way to deter our potential enemies, and that's what we're seeing today. We're seeing rising budgets and the modernization of a lot of military kit." He provides one of his lesser known picks for the industry: "TransDigm (TDG) is a bit more of a commercial aerospace company. They do provide quite a bit of parts that go into the defense industry, but I think most investors like that one because of its exposure to, the airline industry and by those that are buying new aircraft and, and servicing those aircraft. They have also been a serial acquirer rolling up a pretty fragmented industry." Watch the video above to hear why Gursky also likes Ducommun (DCO). For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino
CHARLOTTE, N.C., Aug. 16, 2024 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), and Berry Global Group, Inc. (NYSE: BERY) today announce additional director designees for the board of directors for the combined company. The new directors will be appointed and will begin serving as directors effective upon the closing of the proposed merger of Berry’s Health, Hygiene and Specialties Global Nonwovens and Films (“HHNF”) business with Glatfelter. As previously disclosed, upon closing of the t
Spirit AeroSystems' (SPR) second-quarter loss widens. However, revenues jump 9.3% year over year, driven by higher production activities of the company's commercial programs.