Northrop Grumman (NOC), one of the largest manufacturers for defense and other government markets, is a buy for the total return and conservative income investor. Northrop Grumman has steady growth and has plenty of cash, which it uses to expand its product line, buy bolt-on companies, and buy back shares. The company is being reviewed using The Good Business Portfolio guidelines, my IRA portfolio of good business companies that are balanced among all styles of investing.
When I scanned the five-year chart, Northrop Grumman has a great chart going up and to the