LHX: An Undervalued US Company and Large Defense Player
L3Harris Technologies (stock symbol: LHX)
Fundamentals:
(1) Its non-GAAP earnings forward guidance was raised to $10/share, which is greater than 2018's 5.70 and 2019's 7.32.
(2) Their sales and earnings are experiencing an accelerate growth 3 quarters in a row now The last two quarters sales exploded (maybe because it is now a "new" or renewed company).
(3) Insiders Dallie Bailey (director) bought 700 shares, totaling 1192 now. Director, William Brown purchased 2000 in Sept. 2020, totaling 3000 now. Insiders buy in clusters and are usualy 6 months early.
(4) LHX has increased its dividend for many years in a row now.
(5) Large players continue to accumulate this stock.
(6) Healthy cashflow
(7) 32% ROE annually
www.l3harris.com
Comment: Any trade war and anything affecting national defense may boost this stock.
Technicals:
A 4 week tight range with a suddenly break with large volume
Uptrend
Target: 260
Fundamentals:
(1) Its non-GAAP earnings forward guidance was raised to $10/share, which is greater than 2018's 5.70 and 2019's 7.32.
(2) Their sales and earnings are experiencing an accelerate growth 3 quarters in a row now The last two quarters sales exploded (maybe because it is now a "new" or renewed company).
(3) Insiders Dallie Bailey (director) bought 700 shares, totaling 1192 now. Director, William Brown purchased 2000 in Sept. 2020, totaling 3000 now. Insiders buy in clusters and are usualy 6 months early.
(4) LHX has increased its dividend for many years in a row now.
(5) Large players continue to accumulate this stock.
(6) Healthy cashflow
(7) 32% ROE annually
www.l3harris.com
Comment: Any trade war and anything affecting national defense may boost this stock.
Technicals:
A 4 week tight range with a suddenly break with large volume
Uptrend
Target: 260
Trade active:
Daily:
Weekly:
Capturing the swings of the stock market & currency market. It's a dirty job and equity/currency traders must do it.
(2) Engulfing Bullish Candle
(3) Pb to support
(4) Bullish pattern within a pattern within a Bullish pattern