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Companies developing robotic technology could benefit from increased demand in the industrial, defense and services sectors.
Why Has General Electric Stock Struggled in 2018? General Electric’s (GE) Transportation segment manufactures trains, marine diesel engines, and mining equipment. A brief look at General Electrics’ historical financial results shows that the Transportation division’s revenues and operating profits have been falling for the last several years.
Northrop Grumman (NOC) will offer long-lead parts and associated support to the full-rate production of two E-2D Advanced Hawkeye aircraft.
Raytheon's (RTN) SSDS is a distributed combat management system designed for use in aircraft carriers and expeditionary ships.
Gains for the sector were fueled by a report that President Trump has asked the Pentagon to raise its budget proposal for fiscal 2020.
On December 10, 2018, Honeywell (HON) announced that it would deploy its GoDirect ground solution to Swissport International for five years. GoDirect ground services will be implemented across all of Swissport International’s global operations.
Apart from the power business, General Electric’s (GE) Transportation and Legacy segment’s lighting division has also struggled for years. Train budgetary cuts in several global economies and massive competition are hurting the transportation businesses’ revenues and margins. Intensified competition from local and regional players in every market is hurting the lighting division’s sales.
The Army still hasn’t completed its assessment. The unresolved dispute is a case study of the obstacles to making defense dollars stretch further by tackling alleged “waste, fraud and abuse,” as presidents from Ronald Reagan to Donald Trump have promised to do. The Defense Department’s inspector general alerted the Army in a May 2014 audit that workers from DynCorp International used by Northrop on a Counter Narco-Terrorism Technology Program lacked qualifications.
Management believes skies will be even bluer in 2019 than it had previously thought. So what did investors find so disappointing?
The group of defense stocks is one of the only bright spots in a widespread market sell-off. Politico reported that President Donald Trump is asking for a $750 billion defense budget in fiscal 2020. The president has swung back-and-forth on the issue of defense spending.
Defense stocks rose on Monday after Politico reported that President Donald Trump is asking for a $750 billion defense budget in fiscal 2020.
Why Has General Electric Stock Struggled in 2018? On December 7, General Electric’s closing price was $7.01. Currently, the stock trades near its ten-year low of $6.66, which it touched on March 5, 2009.
Chinese officials summoned the U.S. ambassador to Beijing on Sunday to protest the arrest of chief financial officer of Chinese electronics giant Huawei, Meng Wanzhou in Canada. U.S. officials are investigating her role in the companies operations in Iran.
Brooks Automation could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.
E-commerce, robotics, precision agriculture, commercial aviation, and environmental sustainability are just a few of the investment themes that these three stocks give you exposure to.