StockCall.com Provides Stock Research on United Technologies Corp., FLIR Systems Inc., Embraer S.A., and L-3 Communications Holdings Inc.
New York City, New York -- (May 14, 2013)
Most countries in the developed world are grappling with high fiscal deficit. Governments in these countries have scaled back spending on defense as they look to balance their budgets. The U.S. government, which is still the biggest customer for the defense industry, has also cut its defense spending as part of the Sequester, which took effect on March 1, 2013. All these developments have created significant challenges for the defense industry. On Monday, shares of aerospace & defense companies ended on a mixed note as the broad market struggled. Among the major movers were United Technologies Corporation (NYSE: UTX), Embraer SA (NYSE: ERJ), FLIR Systems Inc. (NASDAQ: FLIR), and L-3 Communications Holdings Inc. (NYSE: LLL). StockCall has released free charting and technical research on these aforementioned companies. Register to read these reports at
www.stockcall.com/report
Shares of United Technologies Corporation edged lower in trading yesterday; however, the losses were limited. The stock closed 0.31% lower at $94.95 on volume of 1.96 million after trading between $94.77 and $95.32. United Technologies’ shares are currently trading close to their 52-week high of $95.84. The stock has gained nearly 16.50% so far in 2013 as compared to a gain of over 14.50% for the S&P 500. The company’s shares are currently trading above their 50-day and 200-day moving averages which is a bullish signal. Sign up for the free report on UTX at
www.StockCall.com/UTX051413.pdf
Embraer SA’s shares edged higher in Monday’s session even as the broad market struggled for direction. The stock closed 1.13% higher at $35.76 on volume of 720,905 after touching an intraday high of $36.26. Embraer’s SA shares are currently trading 1.65% below their 52-week high. The stock has been facing stiff resistance at around $36. The company’s shares have outperformed the S&P 500 thus far in 2013, gaining more than 26%. The stock’s MACD is currently trading above the signal line and the zero-line which is a bullish signal. ERJ free technical report can be accessed by signing up at
www.StockCall.com/ERJ051413.pdf
Shares of FLIR Systems Inc. struggled in trading yesterday. The stock ended the day 1.17% lower at $24.55 on volume of 665,838 after trading between $24.50 and $24.84. FLIR Systems’ shares are currently trading below their 50-day moving average which is a bearish signal. The stock’s MACD is also trading below the zero-line which further confirms the negative trend. Year-to-date, shares of FLIR have gained more than 10.30%, underperforming the S&P 500. Free report on FLIR can be accessed by registering at
www.StockCall.com/FLIR051413.pdf
Shares of L-3 Communications Holdings Inc. edged higher on Monday; however, the gains were limited. The stock rose to an intraday high of $83.99 before finishing the day 0.05% higher at $83.82 on volume of 326,680. L-3 Communications’ shares are currently trading above their 50-day and 200-day moving averages. However, the stock’s MACD chart suggests that market sentiment has turned bearish. It has gained 10.20% so far this year, underperforming the S&P 500. Shares of LLL are currently facing stiff resistance at around $85. The stock is currently trading more than 1.30% below its 52-week high.Register withStockCall and download the research on LLL for free at
www.StockCall.com/LLL051413.pdf
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