StockCall Study on Smith & Wesson, Rockwell Collins, Raytheon, and Northrop Grumman

Mar 21, 2013, 09:14 ET from

LONDON, March 21, 2013 /PRNewswire/ --

Earlier this month, lawmakers in Washington D.C. failed to reach a deal on reducing U.S.'s fiscal deficit. As a result, the Sequester or automatic spending cuts worth $85 billion took effect on March 1. Nearly half of the spending cuts will be made in defense, which will have a significant impact on the topline of companies such as Smith & Wesson Holding Corporation (NASDAQ: SWHC), Rockwell Collins Inc. (NYSE: COL), Raytheon Company (NYSE: RTN), and Northrop Grumman Corporation (NYSE: NOC). On Wednesday, aerospace and defense stocks ended mostly higher, tracking gains in the broad market. StockCall free coverage on SWHC, COL, RTN, and NOC is available upon registration at

Smith & Wesson Holding Corporation's shares rallied in trading on Wednesday, extending its gains for the week. The stock closed 2.55% higher at $9.66, taking its gains for the week to nearly 4.90%. The company's shares have outperformed the broad market so far in 2013, gaining more than 14.40%, compared to a gain of nearly 9.30% for the S&P 500. The stock is now trading close to $9.75 resistance level. The stock is trading above its 50-day and 200-day moving averages, which is a bullish signal. Recent volume activity further confirms the upbeat trend. Download the free technical research on SWHC by signing up at  

Shares of Rockwell Collins Inc. edged higher in yesterday's trading session; however, the gains were limited. The stock ended the day 0.42% higher at $63.82 after hitting a 52-week high of $64.16. Rockwell Collins' shares have had an excellent run this year, gaining more than 10.20%. The stock has seen a series of higher highs over the past few trading sessions, which is a bullish signal. The positive trend is further confirmed by the stock's MACD chart. The stock is also trading above its 50-day and 200-day moving averages. Register now and get access to the free analysis on COL at

Shares of Raytheon Company struggled on Wednesday even as the broad market rallied. The stock ended the day 0.18% lower at $57 after touching an intra-day high of $58. The company's shares have fallen more than 1.60% for the week. The stock has underperformed the broad market in 2013 so far, falling nearly 1%. Shares are currently facing stiff resistance at around $58.50. The stock's MACD chart suggests that market sentiment is currently bearish on the stock. The stock is still trading above its 50-day and 200-day moving averages. Sign up and read the complimentary report on RTN at  

Shares of Northrop Grumman Corp. posted modest gains in trading on Wednesday. The stock rose to an intra-day high of $68.99 before finishing the day 0.29% higher at $68.64. However, the stock is still down 0.23% for the week. Year-to-date, the company's shares have gained a little over 2.40%, underperforming the S&P 500, which has gained nearly 9.30% for the year so far. In recent trading sessions, though, the company's shares have seen a series of highs. The stock's MACD is also trading above the signal line and the zero-line, which is a bullish signal. The free report on NOC can be downloaded by signing up now at

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