Bear Of The Day: Huntington Ingalls Industries (HII)

Huntington Ingalls Industries (HII) is a Zacks Rank #5 (Strong Sell) after the company missed the Zacks Consensus Estimate when the last reported on October 31. The company makes ships for the US Navy and while there has been much made of the cost of the Ukraine war, there are calls for the US to curtail military spending.  This idea somehow finds HII in the crosshairs despite its seemingly limited involvement in that situation. This article will look at why this stock is a Zacks Rank #5 (Strong Sell) as it ...