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The aerospace and defense industry has taken some hits in recent months on the stock market. The Federal government has been brutally slashing their spending limits. This is in efforts to reduce the Pentagons fiscal budget. NASA has been hit really hard recently, and that is tough because they are a huge customer of this specific industry. Even still, there are still stocks in this industry that are doing well and continue to have strong business growth. Let's look at some of these stocks below. One of the biggest recent winners in this industry was Ducommun Incorporated. They closed up 3.46% to end the day at $15.53 a share. This stock currently has a P/E ratio of 32.73. They are a $163.67 million market cap stock. Many investors think that this company and its stock has a lot of potential to grow. Ducommun Incorporated generated annual revenues of $408 million last year and a net income of $19.81 million. Another of the recent big gainers is Kratos Defense And Security Solutions, Inc. They were up 3.07% recent trading to close at around $6.37 a share, up 19 cents. They are a bigger company, (still small cap), at $219 million. They brought in comparable sales of $408 billion but a net income of $14.5 million last year. Innovative Solutions And Support Inc is another player in the industry that saw significant gains as well. They were up 2.16% before the close to $4.25 per share. They are a micro cap stock at $70 million, and they have a high P/E ratio of 830.08. All of this was on annual revenues of $25 million last year. It seems that the aerospace and defense industry is tracking with the broader market. In the past month, they have gained 3.25% while the market has gained 4.24%. They are lagging behind year to date, with 6.96% in gains versus the S&P 500, gaining 9.10% over the past 12 months, the industry has gone sideways, while the market is up almost 4% on the year. It is important that if you are learning how to invest in stocks that you find out how your stocks compare to the industry and the broader market. Research like this can help you spot the winners and avoid the losers. Go to mountofknowledge.com for more informative articles and interesting topics.
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