05-15-2021, 12:41 PM
Any opinions on this defense stock? Seems to be reasonably priced given this frothy market.
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Sent from my iPhone using Tapatalk
Huntington Ingalls (HII)
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05-15-2021, 12:41 PM
Any opinions on this defense stock? Seems to be reasonably priced given this frothy market.
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05-15-2021, 01:00 PM
Pretty decent company indeed. I think the defense sector as a whole is still pretty ok priced, HII included.
They will have great cash flows for the next few years at least since capex will be dropping down for a while. Expect the regular div increase and a pretty decent amount of share repurchases.
05-15-2021, 02:02 PM
I've only been an owner since March 16th but I'm quite happy with it.
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