StockCall Scrutinizes Lockheed Martin, General Dynamics, Textron, and AerCap
LONDON, March 15, 2013 /PRNewswire/ --
The markets shrugged off concerns about impending bear market and closed on a strong note. Major indices like S&P and NASDAQ ended the session with considerable gain while The Dow Jones Index closed higher for the tenth consecutive day. The markets showed strength with all sectors participating in the rally. While industry experts expect the bull market to continue, there are some concerns in the form of increase in gasoline price and spike in house foreclosures. Our research team took a look at Industrial Goods sector, more precisely the defense industry which include major companies like Lockheed Martin Corporation (NYSE: LMT), General Dynamics Corporation (NYSE: GD), Textron Inc. (NYSE: TXT) and AerCap Holdings NV (NYSE: AER). StockCall reviewed the Aerospace/Defense industries and chose LMT, GD, TXT, and AER for its technical coverage. These free reports can be seen for free at
Lockheed Martin Corporation is currently trading above its 20-day and 50-day moving average price and is in a bullish mode. It also ended its latest trading session 0.26 percent higher at $92.54, further confirming the trend. The company exchanged 1.88 million shares during Thursday's session. The stock has underperformed the broader markets and has gained only 1.31 percent so far this year. However, it is likely to go up to $92.76 in the coming sessions. Its second resistance level is at $92.96. As of yesterday's close, Lockheed Martin commands a market capitalization of $29.85 billion. Download the free research on LMT by signing up now at
General Dynamics Corporation closed its Thursday' trading session with a mild downward move, accompanied with below average volume. The stock ended at $69.65, down 0.66 percent from its previous close. It traded in the range of $69.60 and $70.38 during yesterday's session. The company is highly volatile as it commands beta of 1.23. Its current market capitalization stands at $24.62 billion. The stock has gained 2.61 percent on a YTD basis while its 52 weeks loss stands at 2.97 percent. Register for today's free analysis on GD at
Textron Inc. is trading above its long-term moving average price, indicating a bullish trend. It also closed its latest session at $31.15, up 1.27 percent. The stock made an upward move with above average volume of 3.78 million shares. Textron trades at Price/Earnings ratio of 15.81, higher than industry average, making the stock an expensive proposition. However, the stock provided good return to its holders as it appreciated 29.15 percent this year. Textron's stock also gained 15.33 percent in the past 52 weeks. Free report on TXT can be accessed by registering at
AerCap Holdings NV is currently trading in overbought territory with its Relative Strength Index at 71.15. Consequently, the stock may see some pullback in the coming sessions. It closed Thursday's session at $15.91, up 0.06 percent. The stock is currently in a neutral mode and may touch $15.75 level in the coming days. Upon breaching this level, the stock's next support price is at $15.56. AerCap's stock is highly volatile with its beta at 1.71. In 2013, the stock appreciated 18.11 percent. Its 52 weeks gain stands at 33.47 percent. The stock has traded in the range of $10.51 and $16.57 during the said time period. Register with StockCall and download the research on AER for free at
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