A government shutdown is looming-but that’s no reason to avoid defense contractor General Dynamics. Any politics-induced weakness would just make the stock even more attractive, Nicholas Jasinski writes in this week’s edition of Barron’s. The stock, down 11% in 2023, hasn’t been acting like one of the steadiest growers in the market and that makes little sense, the author says.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on GD:
- General Dynamics initiated with a Buy at Deutsche Bank
- General Dynamics price target raised to $258 from $254 at Bernstein
- General Dynamics’ Electric Boat awarded $517M contract
- William Blair sees short-term headline risk for Gogo from Flexjet-Starlink news
- GDIT says ‘swept’ initial task orders on $4.5B Air Force Security Support pact
