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Technology Stocks : General Dynamics Corp.
GD 343.50+0.5%Nov 4 3:59 PM EST

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From: armi11/20/2010 9:24:56 PM
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Why doesn't anyone talk about this company?

Its a wonderful company in my opinion,

P/E: 10.25
Div/yield: 0.42/2.52
EPS: 6.50
SHARES OUTSTANDING: 377.4Mil
Debt to After Tax Earnings: 1.3~
Average P/E for last 10 years: 15.66

Its trading at $66.6 and headlines like "General Dynamics Awarded Missile Defense Agency Contract" just yesterday. I've seen a lot more headlines also.

The downside is reasonable, their competition is 4 other businesses since they compete in the same market and they are susceptible to bad times if the US defense budget gets smaller.

Their net income dropped, i'm suspecting its due to not as profitable contracts, I haven't looked at their annual reports in depth yet but I have been looking at their accounting records and they seem good so far.

Opinions please?
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