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General Dynamics Corp.GDCOMMENTNov 20, 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.
Had a pretty good year in terms of demand, but it hasn’t translated into the share price going up. Has a pretty meaningful backlog, which is up close to 55% year over year. They already produce about 30% of the world’s business jets. He doesn’t own this primarily because the stock has really run up coming into this year. The wildcard is what is going to happen with the US government with the election coming. They generate about 85% of their revenue from the US government.