Defense Stocks to Watch Now - March 19

As of March 19, Boeing, Cadence Design Systems, Citigroup, General Electric, RTX, Northrop Grumman, and Lockheed Martin are leading the defense stocks to keep an eye on. Defense stocks are shares from companies that develop, manufacture, or supply military hardware, technology, and services utilized by defense agencies. These businesses typically create products like aircraft, naval ships, advanced electronics, and cybersecurity solutions, making them vital for national security and often classified as a unique area within the stock market. Recently, these companies experienced the highest trading volumes relative to other defense stocks.

Boeing (BA)

The Boeing Company is a global leader in designing and producing commercial jetliners and military aircraft, as well as satellites and missile systems. The company operates through various divisions, including Commercial Airplanes and Defense, Space & Security.

Boeing's stock rose by $10.57 on the latest trading day, reaching $172.14, with a total of 7,168,598 shares traded. Its market cap stands at $129.12 billion. In the last year, the stock has seen a low of $137.03 and reached a high of $196.95.

Cadence Design Systems (CDNS)

Cadence Design Systems provides essential software, hardware, and services for integrated circuit design worldwide. Their product offerings include functional verification tools and emulation platforms, which are crucial for chip development.

The stock for Cadence Design Systems increased by $8.15 to $262.03 after 1,008,650 shares were exchanged. The company maintains a market cap of $71.82 billion, with a yearly low of $230.09 and a high of $328.99.

Citigroup (C)

Citigroup is a global financial services company offering a wide range of financial products and services across various sectors. Its operations are organized into multiple segments, including personal banking and investment services.

On Wednesday, Citigroup's shares rose by $0.97 to reach $71.19, with 2,882,295 shares traded. The company's market cap is $134.16 billion, with a 1-year low of $53.51 and a high of $84.74.

General Electric (GE)

General Electric, particularly through its GE Aerospace division, specializes in the design and manufacturing of aircraft engines and mechanical systems, serving both commercial and defense markets.

General Electric's shares increased by $3.71 to $204.50 with a trading volume of 827,076. The company has a market cap of $219.49 billion, with a yearly low of $133.99 and a high of $212.19.

RTX (RTX)

RTX Corporation focuses on providing a range of aerospace and defense systems and services for various customers globally. Its major segments include Collins Aerospace and Pratt & Whitney.

RTX's shares went up by $2.11 to $134.80 during trading, with a total of 1,140,972 shares traded. The market cap is $179.96 billion, and the stock has a yearly low of $94.03 and a high of $135.36.

Northrop Grumman (NOC)

Northrop Grumman is an aerospace and defense technology firm operating globally, delivering a wide array of solutions for defense needs.

The shares saw a slight decline of $0.28 to $489.53 with 228,525 stocks traded. Its market cap is $70.86 billion, alongside a yearly low of $418.60 and a high of $555.57.

Lockheed Martin (LMT)

Lockheed Martin is a prominent player in the security and aerospace sector, engaged in the development and manufacturing of advanced technological systems and services.

The stock rose by $2.74 to $472.02 with 227,009 shares changing hands. The company's market cap is $111.11 billion, having a yearly low of $419.70 and a peak of $618.95.

defense, stocks, investment