General Dynamics: Providing Both Income And Growth

10/8/20

By Gen Alpha, SeekingAlpha

It’s been a while since I last looked at General Dynamics (GD), and so I’m surprised to see it trading at such a low price and valuation. Since the start of the year, the share price has declined by 18%, and the current price is at the low end of its trading range since late May. While GD does have some near-term headwinds, I believe this presents an opportunity for long-term investors. In this article, I evaluate what makes this stock an attractive buy at the current valuation, so let’s get started.

General Dynamics is a leading defense contractor that produces wheeled combat vehicles, command and control systems, nuclear submarines, and technologically-advanced business jets. It operates with five business groups, Aerospace, Combat Systems, Information Technology, and Mission/Marine Systems. In 2019, it generated over $39B in total revenue.

READ FULL ARTICLE HERE

Recent Deals

Interested in advertising your deals? Contact Edwin Warfield.