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These Aerospace and Defense Stocks are Great Buys Right Now

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The Zacks Industry Rank assigns a rating to each of the 265 industries based on their average Zacks Rank. An Industry with a larger percentage of Zacks Rank #1s (Strong Buy) and #2s (Buy) will have a better Zacks Industry Rank than one with a larger percentage of Zacks Rank #4s (Sell) and #5s (Strong Sell).

Finding the best industries is often the key to success in investing. Our research shows that the industries ranked in the top half outperform those in the bottom half by a factor of two to one, so putting your money to work in the best industries gives you a big advantage.

One space that should be on your radar right now is the aerospace and defense industry.  The sector has moved up 75 Zacks Industry Ranks in the last week.  Stocks within the industry sit in the top 30% of all 265 industries ranked on the Zacks Industry Rank. 

Right now, aerospace and defense companies are ranked as the 78th best industry out of the 265 industries covered by Zacks.  In the last week, the sector has seen its average Zacks Rank improve, and it has gone from an average Zacks Rank of 3.08 to a rank of 2.92.  

Best of the Group

There are some promising choices in this industry right now, such as Huntington Ingalls Industries (HII - Free Report) , General Dynamics (GD - Free Report) , and Northrop Grumman (NOC - Free Report) , all of which are a Zacks Rank #2 (Buy).  Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>