3 Defense and Cybersecurity Stocks Strengthened by Major Government Grants

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 62 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 35%
  • Publisher: 53%

Oracle Corporation News

General Dynamics Corporation,Lockheed Martin Corporation

Stocks Analysis by MarketBeat.com (Gabriel Osorio-Mazzilli) covering: Oracle Corporation, General Dynamics Corporation, Lockheed Martin Corporation. Read MarketBeat.com (Gabriel Osorio-Mazzilli)'s latest article on Investing.com

The U.S. government considers three stocks vital, giving these companies new multi-million dollar grants during geopolitical conflicts.

The world’s best hedge funds and investors tend to look at more abstract data than the average retail investor does. Now, some of this data might not be accessible, such as satellite feeds to figure out parking lot traffic and predict a financial quarter for a retail stock. However, other data points and public information are free to access, which still generates an advantage for those who look over them.

Based on this current contract, Wall Street analysts think that the company could generate additional revenue and earnings, a view that they have reflected in their price targets today. While the consensus valuation is for $317 a share today, calling for a 6.7% upside from today’s prices, investors should focus on the outliers.

Starting with analysts, those at the Royal Bank of Canada have landed an"Outperform" rating as recently as October 2024. This time, they chose to go with a price target boost as well, projecting Lockheed Martin stock to $675 a share to imply up to 12% net upside from where the company trades today, which is also a new yearly high.

This is why the U.S. granted Oracle up to $358.6 million over the past quarter, calling on its services and technology to help.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China’s Tech Stocks Surge: What Top Investors Know That You Don’tStocks Analysis by MarketBeat.com (Gabriel Osorio-Mazzilli) covering: Nasdaq 100, Alphabet Inc Class A, Baidu Inc, Amazon.com Inc. Read MarketBeat.com (Gabriel Osorio-Mazzilli)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

3 Technology Stocks Set to Outperform This QuarterStocks Analysis by MarketBeat.com (Gabriel Osorio-Mazzilli) covering: CoStar Group Inc, Cyberark Software Ltd, SentinelOne Inc. Read MarketBeat.com (Gabriel Osorio-Mazzilli)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

3 Undervalued Dividend Stocks Primed for Growth in 2025Stocks Analysis by MarketBeat.com (Chris Markoch) covering: Chevron Corp, Johnson & Johnson, Hess Corporation, PepsiCo Inc. Read MarketBeat.com (Chris Markoch)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

3 Stocks Gearing Up for Strong Q4 Rally Amid AI Boom, Holiday SeasonStocks Analysis by MarketBeat.com (Jea Yu) covering: Microsoft Corporation, Best Buy Co Inc, Micron Technology Inc, TJX Companies Inc. Read MarketBeat.com (Jea Yu)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »