NOC vs. HWM: Which Stock Should Value Investors Buy Now?

Core Viewpoint - Northrop Grumman (NOC) is currently viewed as a better value opportunity compared to Howmet (HWM) based on various financial metrics and rankings [1]. Valuation Metrics - Northrop Grumman has a forward P/E ratio of 19.71, while Howmet has a significantly higher forward P/E of 38.57 [5]. - The PEG ratio for NOC is 1.03, indicating a more favorable valuation in relation to its expected earnings growth compared to HWM's PEG ratio of 1.45 [5]. - NOC's P/B ratio stands at 5.01, which is lower than HWM's P/B ratio of 9.67, suggesting that NOC is more undervalued relative to its book value [6]. Zacks Rank and Style Scores - Northrop Grumman holds a Zacks Rank of 2 (Buy), indicating a stronger earnings outlook, while Howmet has a Zacks Rank of 3 (Hold) [3]. - The Value grade for NOC is B, whereas HWM has a Value grade of D, further supporting the conclusion that NOC is the more attractive investment option [6].