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Industrial Goods Stocks on Investors' Radar -- Textron, Northrop Grumman, L-3 Communications, and Belden
[December 02, 2016]

Industrial Goods Stocks on Investors' Radar -- Textron, Northrop Grumman, L-3 Communications, and Belden


NEW YORK, December 2, 2016 /PRNewswire/ --

On Thursday, major US indices were mixed as the NASDAQ Composite ended the trading session down 1.36%; the Dow Jones Industrial Average edged 0.36% higher; and the S&P 500 closed down 0.35%. US markets nonetheless were still in bears' territories as they saw broad based losses with six out of nine sectors finishing the day in red. Stock-Callers.com this morning reviews four industrial goods stocks in light of recent trends: Textron Inc. (NYSE: TXT), Northrop Grumman Corporation (NYSE: NOC), L-3 Communications Holdings Inc. (NYSE: LLL), and Belden Inc. (NYSE: BDC). Learn more about these stocks by accessing their free research reports at:

http://stock-callers.com/registration

Textron  

On Thursday, shares in Providence, Rhode Island headquartered Textron Inc. recorded a trading volume of 2.74 million shares, which was higher than their three months average volume of 1.30 million shares. The stock ended the day 4.02% higher at $47.88. Shares of the Company, which operates in the aircraft, defense, industrial, and finance businesses worldwide, are trading at a PE ratio of 15.34. Textron's stock has gained 21.06% in the last one month, 17.38% in the previous three months, and 14.95% in the past one year. The Company is trading above its 50-day and 200-day moving averages by 16.96% and 24.07%, respectively. Furthermore, shares of Textron have a Relative Strength Index (RSI) of 81.21. Free research report on TXT is available at:

http://stock-callers.com/registration/?symbol=TXT


Northrop Grumman  

Falls Church, Virginia-based Northrop Grumman Corp.'s stock finished Thursday's session 0.23% lower at $249.07 with a total volume of 848,347 shares traded. Over the last one month and the previous three months, Northrop Grumman's shares have gained 9.04% and 17.58%, respectively. Furthermore, the Company's stock has surged 35.84% in the past one year. Shares of the Company, which provides systems, products, and solutions in aerospace, electronics, information systems, and technical service areas to government and commercial customers worldwide, are trading above its 50-day and 200-day moving averages by 9.24% and 16.97%, respectively. Northrop Grumman's stock traded at a PE ratio of 21.25 and has an RSI of 69.15.

On November 10th, 2016, research firm Barclays upgraded the Company's stock rating from 'Equal Weight' to 'Overweight'. The research firm also revised upwards its previous target price from $230 to $270. The complimentary research report on NOC can be downloaded at:


http://stock-callers.com/registration/?symbol=NOC


L-3 Communications  

New York headquartered L-3 Communications Holdings Inc.'s stock edged 0.18% lower, to close the day at $157.49. The stock rcorded a trading volume of 615,723 shares, which was above its three months average volume of 555,450 shares. L-3 Communications' shares have gained 15.96% in the last one month, 5.94% in the previous three months, and 31.36% in the past one year. Shares of the Company, which through its subsidiary, L-3 Communications Corporation, provides aerospace systems, and a range of communication and electronic systems and products used on military and commercial platforms in the US and internationally, are trading 6.49% and 13.82% above its 50-day and 200-day moving averages, respectively. Additionally, the stock traded at a PE ratio of 15.18 and has an RSI of 67.59.



On November 10th, 2016, research firm Barclays upgraded the Company's stock rating from 'Equal Weight' to 'Overweight'. The research firm also revised upwards its previous target price from $155 to $165. Visit us today and access our complete research report on LLL at:

http://stock-callers.com/registration/?symbol=LLL



Belden  

On Thursday, shares in St. Louis, Missouri-based Belden Inc. ended the session 0.78% lower at $73.32 with a total volume of 224,557 shares traded. Belden's shares have gained 14.76% in the previous one month and 19.79% in the past one year. Shares of the Company, which designs, manufactures, and markets signal transmission solutions worldwide, are trading at a PE ratio of 22.74. The stock is trading 7.60% above its 50-day moving average and 12.65% above its 200-day moving average. Moreover, shares of the Company have an RSI of 62.86. Get free access to your research report on BDC at:

http://stock-callers.com/registration/?symbol=BDC

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