Why Has Northrop Grumman Stock Underperformed?
Northrop Grumman(NOC) Seeking Alpha·2024-05-08 03:28
Matthis Arrivet In November 2023, I covered Northrop Grumman Corporation (NYSE:NOC) stock, assigning it a Hold rating as I believed the stock was fairly valued. That call seems to have been about right given that the stock returned less than 2% while the S&P 500 (SP500) returned nearly 22%. In this report, I will discuss why shares have underperformed, analyze the most recent results, and assess whether the stock is any more compelling today to warrant a Buy rating. B-21 Stealth Bomber Is Seeing Increasing ...