Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock cha ...

Have you been paying attention to shares of Leonardo DRS, Inc. (DRS) ? Shares have been on the move with the stock up 8% over the past month. The stock hit a new 52-week high of $29.87 in the previous session. Leonardo DRS, Inc. has gained 48.2% since the start of the year compared to the 7.3% move for the Zacks Aerospace sector and the 29.3% return for the Zacks Aerospace - Defense Equipment industry. What's Driving the Outperformance? The stock has an impressive record of positive earnings surprises, as i ...

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task. In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end. However, the Zacks Growth Style Score (part of the Zacks Style Scores ...

Leonardo DRS, Inc. (DRS) , with a strong backlog, rising earnings estimates and better debt management, offers a great investment opportunity in the Zacks Aerospace sector. Let's focus on the factors that make this Zacks Rank #2 (Buy) company a strong investment pick at the moment. DRS' Growth Projections & Surprise History The Zacks Consensus Estimate for DRS' 2024 earnings per share (EPS) has increased 3.7% to 84 cents in the past 60 days. The Zacks Consensus Estimate for Leonardo DRS' total revenues for ...

Investors interested in Aerospace stocks should always be looking to find the best-performing companies in the group. Has Leonardo DRS, Inc. (DRS) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Aerospace sector should help us answer this question. Leonardo DRS, Inc. is one of 46 companies in the Aerospace group. The Aerospace group currently sits at #4 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 different grou ...

Leonardo DRS, Inc. (DRS) , with a strong backlog and rising earnings estimates, offers a great investment opportunity in the Zacks aerospace sector. Let's focus on the factors that make this Zacks Rank #2 (Buy) company a strong investment pick at the moment. Growth Projections & Surprise History The Zacks Consensus Estimate for DRS' 2024 earnings per share (EPS) has increased 3.7% to 84 cents in the past 60 days. The Zacks Consensus Estimate for Leonardo DRS' total revenues for 2024 stands at $3.15 billion, ...

Impressive projections for global air passenger traffic bolster the growth prospects of the Zacks AerospaceDefense Equipment industry stocks. However, persistent supply-chain issues plaguing commercial aerospace may cause delays in product deliveries, thereby negatively impacting the bottom line and cash flow performance of the industry players. Nevertheless, valuable mergers and acquisitions are projected to improve economies of scale for the concerned stocks, in addition to expanding and diversifying thei ...

I I F ■ F Matteo Colombo Investment Thesis Leonardo DRS, Inc. (NASDAQ:DRS) is a provider of advanced defense technology to US national security customers and its allies globally. The company specializes in designing + manufacturing (i) advanced sensing, (ii) network computing, (iii) force protection, and (iv) electric power and propulsion systems. Its 2 main systems include: Advanced Sensing and Computing ("ASC"): advanced detection, precision targeting, surveillance sensing, and various intelligence system ...

Company Performance - Leonardo DRS, Inc. has returned 30.3% year-to-date, significantly outperforming the Aerospace sector, which has lost an average of 1.5% [4] - The Zacks Consensus Estimate for DRS' full-year earnings has increased by 5.8% over the past quarter, indicating improving analyst sentiment and a positive earnings outlook [3] Industry Context - Leonardo DRS, Inc. is part of the Aerospace - Defense Equipment industry, which includes 23 companies and currently ranks 190 in the Zacks Industry Rank. This industry has gained an average of 10.6% year-to-date, showing that DRS is performing better than its peers in this specific area [5] - In comparison, Vertical Aerospace Ltd., another outperforming stock in the Aerospace sector, has increased by 16.3% year-to-date and belongs to the Aerospace - Defense industry, which has declined by 5.2% year-to-date [4][6] Sector Ranking - The Aerospace group, which includes Leonardo DRS, Inc., is currently ranked 7 within the Zacks Sector Rank, which consists of 16 different groups [2] - The Zacks Rank system, which emphasizes earnings estimates and revisions, currently gives Leonardo DRS a Zacks Rank of 2 (Buy), indicating a favorable outlook compared to the broader market [3]

In February 2022, Russia escalated its war with Ukraine by invading and occupying parts of that country. Since that time, western powers, including the U.S., have pledged support with humanitarian and military aid. Some of that military aid pledged by the U.S. will result in increased efforts to replace equipment and consumables. We have received orders from the U.S. and allies to both provide equipment in support of this effort, and to replace equipment pledged. Business Environment The DoD budget is the l ...