Do you think that NOC is a buy here? It's trading around $485. At 16 - 17.5x forward PE it offers reasonable value backed by a record defense order backlog. But the near-term price action is negative. Please let me know your thoughts!
Do you think that NOC is a buy here? It's trading around $485. At 16 - 17.5x forward PE it offers reasonable value backed by a record defense order backlog. But the near-term price action is negative. Please let me know your thoughts!