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The Zacks Analyst Blog Highlights: Lockheed Martin, Boeing, Twitter, Raytheon and Northrop Grumman
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For Immediate Release
Chicago, IL – September 26, 2017 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog includeincluding Lockheed Martin (NYSE: (LMT - Free Report) – Free Report), Boeing (NYSE: (BA - Free Report) – Free Report), Twitter (NYSE: – Free Report), Raytheon (NYSE: – Free Report) and Northrop Grumman (NYSE: (NOC - Free Report) – Free Report).
Defense Stocks Dip Despite New North Korea Escalations
Shares of companies with ties to U.S. defense spending, including Lockheed Martin (NYSE: LMT – Free Report) and Boeing (NYSE: BA – Free Report), fell on Monday despite newly intensified rhetoric from North Korea regarding the possibility of war with the U.S.
North Korea Tensions
North Korea’s foreign minister Ri Yong Ho said on Monday that the U.S. had declared war on his country, according to a Wall Street Journal report. The foreign minister’s claim was reportedly in response to a Saturday flyover of U.S. bombers and fighter jets near North Korea—north of the Demilitarized Zone—and a tweet from President Donald Trump.
But the U.S. has a different view of those flights, and President Trump took to Twitter (NYSE: TWTR – Free Report) Saturday to rebuke the North Korean foreign minister’s statements to the U.N. over the weekend.
“This mission is a demonstration of U.S. resolve and a clear message that the president has many military options to defeat any threat," Defense Department spokesman Dana White said in a statement over the weekend. “North Korea's weapons program is a grave threat to the Asia-Pacific region and the entire international community.”
The North Korea minister told reporters on Monday that North Korea had “every right to make countermeasures, including the right to shoot down U.S. strategic bombers, even if they are not yet inside the air-space border of our country.” The official said that every possible option for a North Korean response is on the table.
Ri Yong Ho also said if North Korea takes action against U.S. military planes that “the question of who will be around much longer will be answered then.”
U.S. officials were quick to respond and try to curb the further escalation of tensions. “We continue to seek a peaceful denuclearization of the Korean peninsula,” State Department spokesman Justin Higgins said. "No nation has the right to fire on other nations’ aircraft or ships in international airspace or waters.”
White House Press Secretary Sarah Huckabee Sanders also responded and said that claims that the U.S. declared war against Kim Jong Un’s regime were “absurd.”
Defense Stocks
Despite the revved up and continued war of words between Washington and Pyongyang, shares of some of the biggest U.S. aerospace and defense companies fell.
Lockheed Martin stock dipped 0.41% while Boeing saw its stock price fall 0.85%. Shares of Raytheon (NYSE: RTN – Free Report) fell 0.54%, while Northrop Grumman (NYSE: NOC – Free Report) stock experienced more marginal declines.
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Strong Stocks that Should Be in the News
Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year.See these high-potential stocks free >>.
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performancefor information about the performance numbers displayed in this press release.
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The Zacks Analyst Blog Highlights: Lockheed Martin, Boeing, Twitter, Raytheon and Northrop Grumman
For Immediate Release
Chicago, IL – September 26, 2017 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog includeincluding Lockheed Martin (NYSE: (LMT - Free Report) – Free Report), Boeing (NYSE: (BA - Free Report) – Free Report), Twitter (NYSE: – Free Report), Raytheon (NYSE: – Free Report) and Northrop Grumman (NYSE: (NOC - Free Report) – Free Report).
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.
Here are highlights from Monday’s Analyst Blog:
Defense Stocks Dip Despite New North Korea Escalations
Shares of companies with ties to U.S. defense spending, including Lockheed Martin (NYSE: LMT – Free Report) and Boeing (NYSE: BA – Free Report), fell on Monday despite newly intensified rhetoric from North Korea regarding the possibility of war with the U.S.
North Korea Tensions
North Korea’s foreign minister Ri Yong Ho said on Monday that the U.S. had declared war on his country, according to a Wall Street Journal report. The foreign minister’s claim was reportedly in response to a Saturday flyover of U.S. bombers and fighter jets near North Korea—north of the Demilitarized Zone—and a tweet from President Donald Trump.
But the U.S. has a different view of those flights, and President Trump took to Twitter (NYSE: TWTR – Free Report) Saturday to rebuke the North Korean foreign minister’s statements to the U.N. over the weekend.
“This mission is a demonstration of U.S. resolve and a clear message that the president has many military options to defeat any threat," Defense Department spokesman Dana White said in a statement over the weekend. “North Korea's weapons program is a grave threat to the Asia-Pacific region and the entire international community.”
The North Korea minister told reporters on Monday that North Korea had “every right to make countermeasures, including the right to shoot down U.S. strategic bombers, even if they are not yet inside the air-space border of our country.” The official said that every possible option for a North Korean response is on the table.
Ri Yong Ho also said if North Korea takes action against U.S. military planes that “the question of who will be around much longer will be answered then.”
U.S. officials were quick to respond and try to curb the further escalation of tensions. “We continue to seek a peaceful denuclearization of the Korean peninsula,” State Department spokesman Justin Higgins said. "No nation has the right to fire on other nations’ aircraft or ships in international airspace or waters.”
White House Press Secretary Sarah Huckabee Sanders also responded and said that claims that the U.S. declared war against Kim Jong Un’s regime were “absurd.”
Defense Stocks
Despite the revved up and continued war of words between Washington and Pyongyang, shares of some of the biggest U.S. aerospace and defense companies fell.
Lockheed Martin stock dipped 0.41% while Boeing saw its stock price fall 0.85%. Shares of Raytheon (NYSE: RTN – Free Report) fell 0.54%, while Northrop Grumman (NYSE: NOC – Free Report) stock experienced more marginal declines.
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look. See the pot trades we're targeting>>
Strong Stocks that Should Be in the News
Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year.See these high-potential stocks free >>.
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performancefor information about the performance numbers displayed in this press release.