Northrop Grumman Flies High
Northrop Grumman (NOC) is extending its impressive October rally. The aerospace and defense company is up about 1% today and is now trading less than a dollar away from fresh 52-week highs. NOC is up more than 4% this week and has attracted aggressive buying in the process. The rally has considerable momentum in place that will likely drive shares to new 2012 highs, a feat fellow sector member Lockheed Martin (LMT) (link my 9/28 CC post) accomplished Thursday.
Northrop Grumman (NOC) Source: TradeStation View Chart » View in New Window » ...242 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.