Reasons to Add Leidos (LDOS) to Your Portfolio Right Now

Leidos Holdings Inc. (LDOS) is well-positioned to benefit from the favorable U.S. defense budget. The company’s stable financial position and solid growth estimates should further boost its performance.Let us focus on the factors that make this Zacks Rank #2 (Buy) company a strong investment pick at the moment.Growth ProjectionsLeidos’ long-term (three to five years) earnings growth is pegged at 8.1%.The Zacks Consensus Estimate for LDOS’ 2024 earnings per share is pegged at $7.75, up 2.8% in the past 60 da ...