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Archive of entries posted on 11th November 2014

Hail to defense stocks

Today is Veteran’s Day. Marvel at how good wars have been for defense stocks: LMT has a P/E of 18.9 and yields 3.21%. Raytheon has a P/E of 14.87 and yields 2.34%. Northrop Grumman has a P/E or 14.45 and yields 2.06%. Even at today’s much higher prices, none of these seem to be overpriced. […]