General Dynamics (NYSE:GD) niggles at defense contractor investment analysts. They largely rate GD Overvalued with a $200 per share price against earnings. GD will struggle to meet sales targets in the coming years from marine and combat company divisions. Investors ought not to pay these matters short shrift. Nevertheless, GD is a valuable long-term buy when the price share dips.
The go-to part of the business for GD is its defense cybersecurity division (IS&T). Peacetime profits will accrue in our new age of never-ending electronic warfare and expanding applications for artificial intelligence.
It's the drums of sea and battlefield hot wars that are driving investors on a seemingly inexorable march into defense hardware contractor stocks. Leaders touching new highs in 2017 with which analysts are besotted are Raytheon (NYSE:RTN), Lockheed Martin (NYSE:LMT), Boeing (NYSE:BA) and Northrop Grumman (NYSE:NOC).
