Mar 16, 2012 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Aerospace & Defense industry with the lowest projected earnings growth. The growth of earnings per share (current fiscal year estimated vs. last year actual) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.Lockheed Martin ranks lowest with a projected earnings growth of 0.4%. General Dynamics is next with a projected earnings growth of 0.9%. Elbit Systems ranks third lowest with a projected earnings growth of 1.9%.
GeoEye follows with a projected earnings growth of 2.5%, and United Technologies rounds out the bottom five with a projected earnings growth of 3.8%.
SmarTrend recommended that subscribers consider buying shares of Lockheed Martin on November 28th, 2011 as our technology indicated a new Uptrend was in progress when shares hit $77.00. Since that recommendation, shares of Lockheed Martin have risen 17.4%. We continue to monitor Lockheed Martin for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Write to Chip Brian at cbrian@mysmartrend.com
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