GD update.

٢٣ أبريل ٢٠٢٤

General dynamics saw a strong gain today following the yesterdays analysis. We're currently consolidating around the 292 level. 🚀

#LMT beats Q1 expertations on strong demand. Sees supply chain improvements.

Missile and fire control:

^23.3% to nearly 3 billion. Boosted by strong demand for HIMARS and GMLRS

Aeronautics:

The companys biggest unit rose
^9,2% to 6.85 billion.
(This is the unit responsible for the f35s amongst other things)

١١ مايو ٢٠٢٤

تم فتح الصفقة

GD broke out as expected and we are currently trading at at around 296.45 level.

١١ مايو ٢٠٢٤

تم فتح الصفقة

٢١ يونيو ٢٠٢٤

ملاحظة

GD closing in on its ATH. If you're not already in, wait for a break and retest/confirmation above the red zone(S) to enter in to a long position. Will add targets.



General Dynamics (NYSE:GD) has a fairly modest 1.94% dividend yield. The firm has hiked its dividend every year for about 33 years. Given the steady and lowly-correlated nature of the defence scene (0.64 beta, which entails above-average market risk), GD stock looks destined to become king in 18 years.

With the stock coming off all-time highs, investors may wish to watch the $81 billion defence play. Its combat and marine systems businesses have been incredibly robust of late. With a strong backlog and no shortage of orders, General Dynamics may be able to move to even higher highs in the second half, especially if management can improve margins across the board. Further, the Gulfstream business jet may provide enough catalyst to help General Dynamics extend its run.

ATM, GD stock trades 24.1 times, trailing price-to-earnings, which seems too cheap for such a stellar blue chip.

PREVIOUS POST POSTED ON MAY 11 REFERES TO THIS IDEA POSTED SEPERATLY ON APRIL 22 (look under ideas on my page).

(May 11
Trade active:
GD broke out as expected and we are currently trading at at around 296.45 level).

APRIL 22 :

I will update ideas from this point instead of posting separately.