StockCall.com Provides Stock Research on Lockheed Martin Corp., General Dynamics Corp., TASER Intl. Inc., Textron Inc., and AerCap Holdings N.V.
New York City, New York -- (May 17, 2013)
The failure of U.S. lawmakers to reach an agreement on reducing the country’s massive fiscal deficit resulted in the Sequester, or automatic spending cuts, worth $85 billion. This took effect on March 1st, 2013. Nearly half of the automatic spending cuts will be made in defense. This will have a significant impact on the aerospace & defense industry as the U.S. military is its biggest customer. Governments in several other developed world countries are scaling back defense spending to balance their budgets. Aerospace & defense stocks ended mostly lower on Thursday, tracking losses in the broad market, which slipped following the release of some disappointing economic data. Among the major movers were Lockheed Martin Corporation (NYSE: LMT), General Dynamics Corporation (NYSE: GD), TASER International Inc. (NASDAQ: TASR), Textron Inc. (NYSE: TXT), and AerCap Holdings N.V. (NYSE: AER). StockCall professionals have completed their technical analysis on LMT, GD, TASR, TXT, and AER and these free reports are accessible by registering at
www.stockcall.com/research
Shares of Lockheed Martin Corporation touched a 52-week high of $104.65 on Thursday. However, the stock failed to hold onto its gains, and finished the day 0.05% lower at $104 on volume of 1.57 million. Despite struggling yesterday, the company’s shares have gained more than 2% in the last three trading sessions. The stock has had a decent run thus far in 2013, gaining 14.20% as compared to a gain of over 15.70% for the S&P 500. Sign up for the free technical research on LMT at
www.StockCall.com/LMT051713.pdf
Shares of General Dynamics Corporation also slipped after touching a 52-week high. The stock rose to a 52-week high of $77.05 before paring its gains to finish the day 0.61% lower at $76.14 on volume of 2.06 million. The company’s shares had seen a series of highs over the past two weeks before seeing a pullback yesterday. The stock’s MACD chart suggests that market sentiment has turned bearish recently. Be sure to read our latest technical research on GD by registering at
www.StockCall.com/GD051713.pdf
Shares of TASER International Inc. edged lower in trading on Thursday; however, the losses were limited. The stock closed 0.33% lower at $8.97 on volume of 342,205 after trading between $8.91 and $9.05. The company’s shares are currently trading close to their 52-week high of $9.80. The stock, however, has traded sideways in the past two weeks, struggling to break through $9.25 resistance level. TASER International’s shares are currently trading above their 50-day and 200-day moving averages. Sign up and read the complimentary report on TASR at
www.StockCall.com/TASR051713.pdf
Textron Inc.’s shares fluctuated between gains and losses yesterday before finishing the day nearly flat. The stock closed 0.04% lower at $27.60 on above average volume of 3.98 million after trading between $27.42 and $27.81. The company’s shares are still up more than 1.60% in the last three trading sessions, despite the pullback on Thursday. The stock saw a series of highs before slipping yesterday. Shares of TXT are currently trading well below their 50-day moving average. The free report on TXT can be downloaded by signing up now at
www.StockCall.com/TXT051713.pdf
Shares of AerCap Holdings N.V. touched a 52-week high of $17.11 on Thursday. However, the stock failed to hold on to its gains, and ended sharply lower. Shares of AER closed 2.65% lower at $16.55 on above average volume of 376,414. Year-to-date, the company’s shares have gained more than 20.60%, outperforming the S&P 500. The stock is currently trading above its 50-day and 200-day moving averages which is a bullish signal. Free report on AER can be accessed by registering at
www.StockCall.com/AER051713.pdf
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