Top Defense Stocks To Add to Your Watchlist – January 31st

Celestica, Boeing, Rocket Lab USA, Citigroup, and General Electric are the five Defense stocks to watch today, according to MarketBeat’s stock screener tool. Defense stocks are securities issued by companies that primarily engage in the design, development, production, and maintenance of military weapons, equipment, and technology for national defense purposes. These companies often work closely with government defense agencies and contractors to supply the military with the necessary tools to maintain or enhance national security. Investing in defense stocks can be influenced by government defense spending, global geopolitical events, and military conflicts. These companies had the highest dollar trading volume of any Defense stocks within the last several days.

Celestica (CLS)

Celestica Inc. provides supply chain solutions in North America, Europe, and Asia. It operates through two segments: Advanced Technology Solutions, and Connectivity & Cloud Solutions. The company offers a range of product manufacturing and related supply chain services, including design and development, new product introduction, engineering services, component sourcing, electronics manufacturing and assembly, testing, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics, asset management, product licensing, and after-market repair and return services.

Shares of CLS traded up $14.62 during midday trading on Friday, hitting $128.77. The stock had a trading volume of 6,410,986 shares, compared to its average volume of 4,499,946. The stock’s 50 day moving average is $97.80 and its 200 day moving average is $71.75. The firm has a market cap of $14.98 billion, a PE ratio of 34.51 and a beta of 2.25. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.47 and a quick ratio of 0.87. Celestica has a 1 year low of $32.80 and a 1 year high of $133.66.

Boeing (BA)

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through Commercial Airplanes; Defense, Space & Security; and Global Services segments.

NYSE:BA traded down $0.40 during mid-day trading on Friday, hitting $179.13. 2,034,639 shares of the stock traded hands, compared to its average volume of 8,548,546. Boeing has a 52 week low of $137.03 and a 52 week high of $214.63. The stock has a market capitalization of $110.74 billion, a price-to-earnings ratio of -9.77 and a beta of 1.52. The firm’s 50 day moving average is $168.96 and its two-hundred day moving average is $164.37.

Rocket Lab USA (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 NASDAQ:RKLB traded up $1.70 during trading hours on Friday, hitting $30.23. 11,633,435 shares of the company’s stock traded hands, compared to its average volume of 19,905,975. The firm has a market capitalization of $15.11 billion, a P/E ratio of -81.92 and a beta of 1.98. The business has a fifty day moving average price of $25.96 and a 200-day moving average price of $14.77. Rocket Lab USA has a 1 year low of $3.47 and a 1 year high of $33.34. The company has a debt-to-equity ratio of 0.97, a current ratio of 2.58 and a quick ratio of 2.16.

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 NYSE C traded up $0.07 during midday trading on Friday, hitting $81.93. The company’s stock had a trading volume of 3,260,632 shares, compared to its average volume of 16,527,705. The business’s 50 day moving average is $73.44 and its two-hundred day moving average is $66.53. Citigroup has a 12-month low of $52.24 and a 12-month high of $82.77. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 1.50. The firm has a market cap of $154.95 billion, a P/E ratio of 13.77, a price-to-earnings-growth ratio of 0.64 and a beta of 1.43.

General Electric (GE)

General Electric Company, doing business as GE Aerospace, designs and produces commercial and defense aircraft engines, integrated engine components, electric power, and mechanical aircraft systems. It also offers aftermarket services to support its products. The company operates in the United States, Europe, China, Asia, the Americas, the Middle East, and Africa.

General Electric stock traded up $0.08 during mid-day trading on Friday, hitting $205.65. The company’s stock had a trading volume of 1,190,180 shares, compared to its average volume of 6,170,994. General Electric has a one year low of $105.70 and a one year high of $207.65. The stock has a market cap of $222.58 billion, a PE ratio of 34.32, a P/E/G ratio of 2.48 and a beta of 1.19. The company has a 50 day moving average of $176.96 and a 200-day moving average of $176.00. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.81 and a current ratio of 1.09.