GreensKeeper Asset Management, an investment management company, released its third-quarter 2025 investor letter. A copy of the letter can be downloaded here. The Value Fund has ended the quarter with a +4.0% gain, taking the YTD return to +0.2% net of fees and expenses. The US dollar continued to pose a challenge, negatively impacting performance by -3.7% so far this year. The year’s market rally was primarily led by AI, crypto, and speculation. In addition, you can check the fund’s top 5 holdings to dete ...

评级与目标价调整 - 摩根士丹利将L3Harris Technologies的评级从“均配”上调至“超配” 并将目标价从350美元上调至367美元 [1] 核心投资逻辑 - 上调评级基于公司强劲的经营势头将持续至2026年 [1] - 公司凭借其平台无关战略 在未来战争领域定位良好 且受新兴国防科技公司颠覆的风险相对有限 [1] - 该战略体现在公司近期未像部分同行那样遭遇重大项目中断 [1] 财务与估值分析 - 基于2025年至2028年的预测 公司在预计收入、每股收益和每股自由现金流增长方面 在大型国防承包商中表现最具吸引力 [2] - 尽管前景看好 但基于2027年自由现金流与销售额之比 公司股票估值在同行中最低 约为16倍 而同行中位数接近18倍 [2] 未来增长催化剂 - 直至2026年的潜在催化剂包括与“金穹顶”项目相关的机会 [2] - 另一个催化剂是Aerojet Rocketdyne的产出改善 [2]

Purchases Expand HEICO into Aeroderivative Gas Turbine Parts MIAMI, FL / ACCESS Newswire / December 16, 2025 / HEICO Corporation (NYSE:HEI.A) and (NYSE:HEI) today announced that its Flight Support Group subsidiary, Wencor Group, LLC ("Wencor"), entered into an agreement to acquire EthosEnergy Accessories and Components Limited and EthosEnergy Accessories and Components, LLC ("Ethos A&C"). Closing is subject to governmental approval and standard closing conditions and is expected to occur in the first qua ...

Thinkstock Quick Read The rotation trade had another run on Wall Street Monday, as tech stocks led the selling once again. While the move away from the AI/Data center trade has gained some strength, the reality is that with a likely third year of double-digit gains for the S&P 500, year-end profit taking is also coming in. With a slew of economic data set to come in this week, volatility could rise even  further. If you’re thinking about retiring or know someone who is, there are three quick quest ...

Stock futures are lower, but well off session lows, as traders await delayed jobs data that will shape the Fed’s next move. As of 7:15am, S&P 500 futures are 0.2% lower while Nasdaq 100 contracts are -0.3% with all Mag 7 names lower premarket; European equities are little changed.Treasuries are lower, pushing 10Y yields up 0.5bps to 4.175%. The Bloomberg dollar index is at session lows. Brent crude dropped 1.6% below $60 a barrel for the first time since May and gold pulled back after five days of gains. Bi ...

公司概况与市场表现 - 诺斯罗普·格鲁曼公司是一家领先的全球航空航天和国防技术公司，专注于为各种军事和国防应用开发和生产先进系统 [1] - 公司当前股价为571.24美元，日内微涨0.26%，交易区间在568.77美元至573.90美元之间 [5] - 公司过去52周股价最高为640.90美元，最低为426.24美元，当前市值约为815.3亿美元 [5] - 研究机构Alembic Global为公司设定了662美元的目标价，较当前570.06美元的股价有16.13%的潜在上涨空间 [1][6] 新获重大合同 - 公司从空军生命周期管理中心获得一份价值1亿美元的合同，以支持“站内攻击武器”和“先进反辐射制导导弹增程型”项目的开发，相关工作将持续至2034年12月31日 [2] - 公司获得一份价值超过2亿美元的合同，用于生产XM1211高爆近炸引信炮弹，旨在增强针对小型无人机的近程防空能力 [3] 技术创新与产品发布 - 公司发布了其最新创新成果——名为“Project Talon”的自主作战无人机，这一“自主僚机”旨在提升防御能力，代表了航空航天和军事技术的重大进步 [4][6] 业务领域与行业地位 - 公司在先进导弹系统和弹药开发领域获得重大合同，凸显了其在该领域的领导地位和不断扩大的作用 [2][3][6] - 公司是国防工业的重要参与者，主要竞争对手包括洛克希德·马丁和雷神技术等其他大型国防承包商 [1]

人工智能主题下的区域市场对比 - 美国在人工智能故事中拥有更大的上涨潜力，但也面临更大的风险，其市场下跌幅度也远大于欧洲[1] - 从风险回报角度看，欧洲市场相对更为安全[3] 德国市场的投资逻辑 - 德国年初通过宪法修正案，标志着其从长达十年的财政紧缩转向财政扩张[3] - 扩张的财政资金将主要用于投资，预计对经济非常有利[3] - 相关公告在上半年发布，但实际支出现在才开始，联邦议会两周前才通过了2026年预算案[4] - 全球投资者对此故事已失去耐心，导致德国市场出现资金净流出，这恰恰在错误的时间创造了重大机会[5] - 德国拥有充足的财政空间，预计将在未来数月和数年内实施[6] 德国受益行业与公司分析 - 德国DAX指数成分股（大型跨国公司）将受益于财政政策，但受益程度可能不及规模较小的公司[7] - 中型公司（如MDAX指数成分股）对德国本土市场敞口更高，将更受益[8] - 在众多行业中，尤其看好建筑与基础设施相关公司，因为德国政府将在该领域投入与国防开支相似的大量资金[8] - 具体看好提供铁路等基础设施的公司，认为其未来几年有较好的上涨潜力，且该板块估值仍然非常低廉[8]

The stock's performance has been mixed relative to the market, and its peers and investors need to consider a couple of key points before buying.A look at the one-year, three-year, and five-year performance of RTX (RTX +0.70%) compared to the S&P 500 index and its peer, GE Aerospace (GE +3.95%), reveals a lot about the stock and its investment proposition. In general, it's good news for RTX investors, but there are nuances here that might prompt you to think more deeply about the stock.RTX pleases investors ...

CLEVELAND--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) is pleased to announce the appointment of Thomas Edman to the Company's Board of Directors, expanding the Board to 10 members. Mr. Edman joins as the ninth independent director, effective January 21, 2026. "We are thrilled to welcome Tom to our Board," said Vinod M. Khilnani, Chairman of the Board. "With his extensive background in global electronics manufacturing, particularly for the semiconductor, aerospace, and defense industries. ...

If you thought our angle on this company was interesting, you may want to check out our idea room, The Value Lab . We focus on long-only value ideas of interest to us, where we try to find international mispriced equities and target a portfolio yield of about 4% . We've done really well for ourselves over the last 5 years, but it took getting our hands dirty in international markets. If you are a value-investor, serious about protecting your wealth, our gang could help broaden your horizons and give some in ...