Investors are buying up shares of aerospace and defense stocks on Tuesday.
Rockwell Collins (NYSE:COL) lit the engines, beating on earnings and revenue and raising its full-year outlook. That was enough to get investors excited about the prospects for the rest of the group, with seven names soaring to new record highs.
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Investors will get their hands on financial results from United Technologies (NYSE:UTX) and General Dynamics (NYSE:GD) on Wednesday, Lockheed Martin (NYSE:LMT) and Precision Castparts (NYSE:PCP) on Thursday, with Raytheon (NYSE:RTN) and Northrop Grumman (NYSE:NOC) reporting next week.
Aerospace/Defense Record Highs