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General Dynamics Corporation (GD)

NYSE - Nasdaq Real Time Price. Currency in USD
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196.03-2.11 (-1.06%)
At close: 4:00PM EDT
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  • S
    S
    General Dynamics Corp beat Wall Street estimates for quarterly profit on Wednesday as the defense contractor benefited from higher sales in its combat systems and technologies divisions. Gulfstream delivered 21 jets versus 32 a year ago, but the company said it saw "very strong" customer demand as the pandemic continues and plans to deliver 71 more jets by year end. Company revenue fell marginally to $9.22 billion, below analyst estimates of $9.30 billion as revenue in the aerospace unit was down 17.8% from the same period a year ago.
    The company raised its full-year earnings per share guidance by $0.45 to $0.50 cents to about $11.50.
  • l
    lizbet
    buy now
  • l
    lizbet
    nice to see the tension rise again with China and Russia. I hope the Dems see it and put some investment in our Military
  • e
    everyoneneedshealthcare
    Yes, I would buy GD for stock dividend, and growth.
  • n
    nabil
    I don’t know how I ever traded without using (http://Thetraderguide.com)! I look forward to their daily emails each morning that list pre-market movers based on thoroughly researched stock market and world news. I highly recommend anyone who invests in the stock market!
  • B
    B
    As we prep for the week I find myself looking at GD and I am really surprised it is still sitting at 190/sh. That said, looking at the weekly candle chart GD looks ready to move higher. It consolidated the move up over the last 6 weeks, it reported great numbers, and it finds itself sitting just above the 20 week MA after it just crossed the 200 week with the 50 week MA sloping very positively in pursuit. Even more interesting is the setup of the daily MAs!!! I could argue what it looks like from either side here but I am a long so what I see is that consolidation of a big move occurred and the 50 day is just about caught up with the 20 day which might have some people running for the doors....but I think this is a head fake based on the ER and the weekly view of the stock performance. It's going to be interesting. If I'm wrong I think it'll be a slow fade to about 175/sh and it will be a very boring few months for shareholders. If I'm correct, the stock will push to it's all-time high and give it a test over the next 12 months. I don't think there will be a drastic move in either direction but coming off this flatline over the last couple months, the stock seems to be at an inflection point which will show itself in the next week or so. Should be interesting!!!
  • l
    lizbet
    hedge funds are going to react, since there wasn't a drop
  • M
    MGTOW
    OK is YF deleting comments about investing in GD ahead of war with C&*^$ now? Subs and ships will be needed so time invest in GD and HII.
  • l
    lizbet
    $220 is their break point,
  • C
    Chris
    Well lizbet, just bought in & it dropped; awesomesauce…200 would be great right about tomorrow-ish..
  • l
    lizbet
    just read Jane's defense weekly
  • l
    lizbet
    Gd will break $200
  • l
    lizbet
    google it
  • l
    lizbet
    without another major government contract they can't go higher
  • l
    lizbet
    shorts will need to cover
  • l
    lizbet
    this is the stock to own, don't miss out. dems will drive this up, just out fear
  • I
    Info
    How is this not up huge:

    "Total estimated contract value, the sum of all backlog components, was $132.2 billion at the end of the quarter, approximately 30% more than the year-ago quarter. "
  • R
    Richard
    When lawmakers return to Capitol Hill next week, they will begin considering the Pentagon's colossal budget request. They have until Oct. 1 to approve the budget or negotiate a new funding deal with the White House.
    When lawmakers return to Capitol Hill next week, they will begin considering the Pentagon's colossal budget request. They have until Oct. 1 to approve the budget or negotiate a new funding deal with the White House.
    www.cnbc.com
  • C
    Clint
    Good morning! It’s a tremendous time to invest in many stocks, but GD has to be in top 10. Excellent management, value-friendly PE ratio and juicy consistent dividends. Don’t trust yahoo dividend N/A, here’s the facts: “The board of directors of General Dynamics (NYSE: GD) today declared a regular quarterly dividend of $1.10 per share on the company's common stock, payable August 7, 2020, to shareholders of record on July 3, 2020.”
  • K
    Kenneth
    Very large contract win for their IT today. Had moved $ here from RTX and thought to sell some GD to back into RTX. Today's IT win and listening to RTX call stopped that. RTX much to aligned with Commercial Aerospace now. GD has Gulftream division but my thought is that business jets will recover much faster than commercial. Add in the IT, ship/sub building, and land systems I believe that GD should be in same league with LMT and NOC. Not RTX, HII and TXT, where it is currently valued at. I believe the market will get it right at some point. GLTA Longs!