Northrop Grumman Corp. (NOC)

286.98
NYSE : Electronic Technology
Prev Close 280.60
Day Low/High 282.55 / 287.07
52 Wk Low/High 223.63 / 360.88
Avg Volume 1.27M
Exchange NYSE
Shares Outstanding 169.74M
Market Cap 47.63B
EPS 18.60
P/E Ratio 15.18
Div & Yield 4.80 (1.66%)

Latest News

Jim Cramer: Why the Market Did What It Did Today and What Can Happen Tomorrow

Jim Cramer: Why the Market Did What It Did Today and What Can Happen Tomorrow

Now for those of you haven't voted, please go and do so and don't vote this stuff just invest in it!

Wrong Footed!

In the "dumbass trade department" - though yielding a profit, my recent sales of ,  ,    and were truly stupid.

NOC Sold

Sold the balance of my Northrop at $265.25.

Staying Flexable With NOC

Though still down materially from recent prices, is now +$14 from two days ago. I had been averaging down and I am taking a nice profit - moving from medium-sized to small-sized. Staying flexible.  

Up In Smoke

I have sold my three pot trading rental longs right after the opening - , and - for a profit.  Of the trading rentals I established recently, only Twitter and Northrop remain in my portfolio - and for the time being I plan to hold on to them.  I am ...

Mission Accomplished

* Rentals are not long term leases!  The S&P is +34 points, Nasdaq +95 handles and the Dow Jones Industrial Average is now +360.  As posted, I just sold out my Index longs.  I am now selling out my Alphabet , Amazon and Boeing trading rentals for so...

A Good Sign for Northrop?

Northrop Grumman shares just turned green and broke through the opening after being -$5. I see this as a potential ticket to higher near-term performance. I moved to between a medium-sized and large-sized position this morning. Here is what I wrote ...

An Active Morning Thus Far

At 11:45 a.m. Mr. Market is making a nice showing.  Retail continues to shine.  Recent buys Alphabet , Amazon and Boeing are well off the morning lows.  My largest purchase, Northrop , continues to languish.  and buys were also ++.

Northrop Grumman Is Headed For a Real Rough Patch in the Months Ahead

Northrop Grumman Is Headed For a Real Rough Patch in the Months Ahead

Let's see what the charts are indicating thus far.

Adding to These 4 Stocks

Adding further to Alphabet , Boeing , Northrop , and Amazon .    Also purchased on early morning weakness - making three pot trading plays now!    

Moved NOC

I have moved to medium-sized long.

Adding to Trading Longs

I added to the following trading longs this morning: $254.85, $162.37, and $263.34.

Adding to My Small NOC Rental

Yesterday I took a small long trading rental in Northrop .  The shares are now within 5% of where it was November 9th, 2016. NOC closed at $242.30 the day after the election results were official, essentially taking The Trump effect out of the defen...

Jim Cramer: We Are Seeing the Power of Negative Thinking

Jim Cramer: We Are Seeing the Power of Negative Thinking

With all the selling, the market is afraid of even the good buys, like Amazon and Northrop Grumman.

My NOC Cost Basis

My cost basis in the trading rental of Northrop is $265.55.

My Anti-Momentum Trade

* Buying more Northrop .  Defense and aerospace stocks are getting schmeissed - an extension of the recent weakness.  I am adding to NOC in the belief that our past tells us trade wars can lead to real wars.  Here is more.

Buying NOC For a Trade

I have taken a short term trading long rental in Northrop at $262.30 this morning after the disclosure of an accelerated buyback. This is strictly a rental (measured in hours or days) and not a long term lease. In late September NOC traded at $325.

Military Might: Top Defense & Security ETF and Stock Picks for a Dangerous World

Military Might: Top Defense & Security ETF and Stock Picks for a Dangerous World

Seven experts select their best ideas among aerospace and naval contractors, drones, building security, biological threats and cybersecurity.

How to Trade Microsoft Into Earnings: Market Recon

How to Trade Microsoft Into Earnings: Market Recon

Add to longs near this key support level.

We May Not Be in a Bear Market...Yet: Market Recon

We May Not Be in a Bear Market...Yet: Market Recon

But here are the signs to watch, and how to protect yourself.

Let's Focus on China and a Potential Cold War of a Trading Kind: Market Recon

Let's Focus on China and a Potential Cold War of a Trading Kind: Market Recon

We consider possible impacts of an extended trade war, which Alibaba's Jack Ma thinks could last 20 years.

Salesforce Is So Dependable, Here's How to Play It: Market Recon

Salesforce Is So Dependable, Here's How to Play It: Market Recon

2 options plays in Salesforce as the Dreamforce conference kicks off for this 'Cloud King.'

A Heads Up

Defense stocks (e.g., -$9) are down massively on Trump tweets that throw new doubts into defense appropriations deal.

Lockheed Martin's Chart Is Spectacular: Market Recon

Lockheed Martin's Chart Is Spectacular: Market Recon

LMT spiked right through a couple of points of resistance late last week.

Today's Trades

I eliminated my long, added to my short and increased my long (on weakness).

NOC Sold

As written, I have sold out of my long.

Selling My Northrop Long Investment

In light of the Manafort/Cohen indictments (discussed further in my opening missive) the odds favoring a "Blue Wave" in November are rising. If this occurs, among other things, the pressure for higher defense outlays will likely be reduced. As a con...