Five stocks to explore as US marks Veterans Day

November 11, 2021 12:00 AM PST | By Ipsita Sarkar
Follow us on Google News:

Highlights

  • Raytheon Technologies Corp’s (NYSE: RTX) sales increased 10% YoY in Q3, FY21.

  • Honeywell International Inc. (NASDAQ: HON) sales rose 9% YoY in Q3, FY21.

  • Chipotle Mexican Grill, Inc’s (NYSE: CMG) total revenue soared over 21% YoY in Q3, FY21.

The US observes Veterans Day every year on Nov 11 to honor the military veterans of the armed forces. It is also a federal holiday in the US. Many restaurant chains are offering free meals and special discounts in honor of the veterans on Thursday.

Here we discuss five stocks that might be worth exploring on this holiday.

Also Read: EV-maker Rivian (RIVN) raises US$11.9 bn in IPO: How to buy the stock?

Lockheed Martin Corporation (NYSE: LMT)

Lockheed Martin is a Bethesda, Maryland-based defense company that operates in the aerospace, arms, and technology sectors.

The shares of the company traded at US$340.085 at 12:08 pm ET on November 10, up 0.57% from their closing price of November 9. Its stock value decreased by 1.88% YTD.

The firm has a market cap of US$93.78 billion, a P/E ratio of 15.69, and a forward P/E one year of 12.72. Its EPS is US$21.67.

The 52-week highest and lowest stock prices were US$396.99 and US$319.81, respectively. Its trading volume was 1,769,211 on November 9.

The net sales were US$16.02 billion in Q3, FY21, compared to US$16.49 billion in the year-ago quarter. Its net earnings came in at US$614 million compared to US$1.69 billion in Q3, FY20.

Also Read: Monday.com (MNDY) posts revenue growth of 95% in Q3 YoY

Stocks to explore on Veterans Day: LMT, RTX, HON, CMG, YUM

Also Read: Vaxxinity IPO: Is biotech firm’s VAXX stock worth considering?

Raytheon Technologies Corporation (NYSE: RTX)


Raytheon Technologies is an aerospace and defense conglomerate based in Waltham, Massachusetts. It is one of the leading players in the aerospace, defense, and intelligence sectors.

The stock was priced at US$90.92 at 12:23 pm ET on November 10, down 0.08% from its previous closing price. The stock rose 32.97% YTD.

The market cap of the company is US$136.64 billion, the P/E ratio is 41.5, and the forward P/E one year is 21.66. Its EPS is US$2.20.

The stock saw the highest price of US$92.32 and the lowest price of US$63.27 in the last 52 weeks. Its share volume on November 9 was 3,372,990.

The sales surged 10% YoY to US$16.21 billion in Q3, FY21. Its net income came in at US$1.89 billion, up 122% from US$855 million in Q3, FY20.

It expects the sales to be US$64.5 billion in fiscal 2021, and the adjusted EPS in the range of US$4.10 to US$4.20 per share from its earlier projection of US$3.85 to US$4.00 per share.

Also Read: NIO sees record revenue growth in Q3 on strong vehicle deliveries

Honeywell International Inc. (NASDAQ: HON)
Honeywell International is a conglomerate company with interests in aerospace, building technologies, material, and safety and productivity industries. It is based in Charlotte, North Carolina.

The shares of the company traded at US$226.845 at 12:29 pm ET on November 10, up 0.03% from their closing price of November 9. Its stock value increased by 9.52% YTD.

The firm has a market cap of US$156.18 billion, a P/E ratio of 29.16, and a forward P/E one year of 28.22. Its EPS is US$7.78.

The 52-week highest and lowest stock prices were US$236.86 and US$194.55, respectively. Its trading volume was 2,368,989 on November 9.

The company's sales jumped 9% YoY to US$8.47 billion in Q3, FY21. Its net income came in at US$1.27 billion, compared to US$781 million in Q3, FY20.

Also Read: Are these infra stocks poised to take off after US$1 tr spending plan?

Chipotle Mexican Grill, Inc. (NYSE: CMG)


Chipotle Mexican Grill is a fast-casual restaurant chain operator based in Newport Beach, California. It operates in various countries like the US, UK, Canada, and others.

The stock was priced at US$1809.675 at pm ET on November 10, down 0.29% from its previous closing price. The stock soared 37.58% YTD. The market cap of the company is US$50.92 billion, the P/E Ratio is 72.63, and the forward P/E one year is 72.48. Its EPS is US$24.92.

The stock saw the highest price of US$1,958.55 and the lowest price of US$1,220.20 in the last 52 weeks. Its share volume on November 9 was 172,040.

The company's total revenue increased by 21.9% YoY to US$2 billion in Q3, FY21. Its net income came in at US$204.43 million against an income of US$80.24 million in the same quarter of the prior year.

Also Read: Too hot or warming up? Nine consumer stocks with over 100% YTD return

The stock market will be closed for Veterans Day holiday on November 11

Source: Pixabay

Also Read: Robinhood (HOOD) stock dips after hacking attack exposes customer data

Yum! Brands, Inc. (NYSE: YUM)


Yum! Brands is a fast-food company that operates various brands like KFC, Taco Bell, Burger Grill, and others. It is based in Louisville, Kentucky.

Its shares traded at US$125.925 at 12:40 pm ET on November 10, down by 0.21% from their closing price of November 9. Its stock value ticked up 19.25% YTD. The firm has a market cap of US$36.92 billion, a P/E ratio of 24.27, and a forward P/E one year of 28.29. Its EPS is US$5.19.

The 52-week highest and lowest stock prices were US$135.77 and US$99.74, respectively. Its trading volume was 706,648 on November 9.

The company's revenue was US$1.60 billion in Q3, FY21, an increase of 11% YoY. Its net income was US$528 million, up 87% from US$283 million in the comparable quarter of the prior year.

Also Read: BioNTech (BNTX), Palantir (PLTR) revenue soars in Q3, raise outlook

Bottomline


As the US economy recovers from the devastating Covid-19 pandemic, companies are witnessing strong tailwinds, propelling growth over the past two quarters. The S&P 500 index rose 24.56% YTD while increasing 8.61% QTD, suggesting their steady progress. Veterans Day is a major holiday in the US, marking the 1918 agreement between the allied countries and Germany that ended the WW1 hostilities.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media LLC (Kalkine Media, we or us) and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures/music displayed/used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it, as necessary.



Top Listed Companies