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RTN - General Dynamics: Dividend Aristocrat That's Undervalued
Raytheon Company
Introduction and Thesis
We entered the year with the US stock market setting new highs. But the coronavirus has pummeled the market creating bargains in some stocks. We may still have more down days, but there are bargains to be had now. From this perspective, I am now writing about General Dynamics Corporation (GD). The company is a Dividend Aristocrat that is undervalued. The stock is being impacted by not only the general downturn but also a declining backlog until recently. But with that said, General Dynamics is a Dividend Aristocrat having raised the dividend