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home / news releases / LHX - ITA: Financial Risks And Increasing Foreign Competition Make Aerospace A 'Sell'


LHX - ITA: Financial Risks And Increasing Foreign Competition Make Aerospace A 'Sell'

(Source - Pexels)

The Aerospace and Defense industry has been a very strong and unique industry group over the past decade. The iShares fund for the industry (ITA) has had an incredible 660%+ performance streak since 2009 and the firms in the industry have held their weight in dividends and revenue growth.

That said, it seems that investors may want to look to take their money off the table. Valuations are very high for a capital intensive sector, balance sheet quality has deteriorated severely, global jet sales look to be slowing, and

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Stock Information

Company Name: L3Harris Technologies Inc.
Stock Symbol: LHX
Market: NYSE
Website: l3harris.com

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