Barrons.com
Buy This Defense Stock. It’s Cheap, and a Shutdown Won’t Hurt It for Long.
A government shutdown is looming—but that’s no reason to avoid defense contractor General Dynamics Any politics-induced weakness would just make the stock even more attractive. General Dynamics (ticker: GD) is as sturdy and dependable as any of the big U.S. prime contractors, alongside Boeing (BA), Lockheed Martin (LMT), and Northrop Grumman (NOC) The company is locked into long-term contracts to produce some of the U.S. military’s most iconic assets, such as the M1 Abrams main battle tank and next-generation nuclear submarines, and it has a growth kicker in its Gulfstream business-jet segment.