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General Dynamics Corp.GDHOLDAug 05, 2015Stock price when the opinion was issued
As of Jun 15, 2026. Market Open.
Really strong move after its pullback. He'd look to see where the 200-day MA is ($272). Looks a bit parabolic, that should make you nervous. Momentum indicators might show it a little overbought, a pullback would not surprise him.
Might be at the start of a consolidation, so might pause for a bit. Overall, you can't argue with the chart, so it's not over till it's over.
An interesting space. Up this month. Something like Lockheed Martin might be less expensive. GD hasn't performed as well as Lockheed or Raytheon, so he likes those names a bit more.
Has had a great move. There are a couple of big projects in the defence space including a long-range strategic bomber, and he thinks Northrop (NOC-N) gives a better leverage to that with the better risk/reward ratio. This is a very good company with a good outlook for defence spending.