Companies / NOC
NYSENorthrop Grumman (NOC) in our theses
Northrop Grumman appears in one of our theses. Below is why it entered the basket and how it has done since publication.
America has fired off its missile stockpile on three fronts, and the bottleneck for rebuilding it is two rocket motor plants
Three simultaneous fronts have drained US interceptor inventories, and the pace of the rebuild is capped by a duopoly in rocket motors: the value accrues to the bottleneck.
Why this company: The second pillar of the rocket motor duopoly and a maker of precision munitions. Rebuilding interceptor inventories runs through its capacity, which gives it a durable order stream spread out over time.
Where these numbers come from
The reference price is recorded on the thesis publication date and never changed afterwards. The current price is refreshed several times a day. Returns are in the listing currency and exclude dividends, so for dividend payers the real total return was somewhat higher.
This is not a recommendation to buy or sell. A company enters a basket as a beneficiary of the mechanism described in the thesis, and the full argument is on each thesis page.
See all of our theses
Each with a publication date, a causal map and a score assigned before the market ruled.
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