Leidos Outperforms Market YTD: Is it the Right Time to Buy the Stock?

Key Takeaways Leidos Holdings is up 3.1% YTD, outperforming the SLeidos Holdings Inc. (LDOS) shares have rallied an impressive 3.1% in the year-to-date period, outperforming the S&P 500’s return of 0.1%. The company, however, underperformed the Zacks Aerospace-Defense industry’s growth of 17.5% and the broader Zacks Aerospace sector’s appreciation of 18.6%. Image Source: Zacks Investment ResearchOther industry players, such as RTX Corp. (RTX) and Northrop Grumman Corp. (NOC) , also performed impressively, w ...