In Case We're Wrong About Northrop Grumman

Northrop Grumman (NOC) was one of my site's top ten names on Wednesday, so I was curious to see what Seeking Alpha's take on it was. It turns out that all four of the Seeking Alpha contributors currently rating it give it a bullish or very bullish rating.

In addition, Seeking Alpha Essential's Quant Rating on the stock is very bullish, and Wall Street's sell-side analysts are bullish on NOC as well.

It's understandable, from one perspective, that Northrop Grumman is trading near an all-time high in the wake of the strike on Saudi Arabia's oil infrastructure last weekend, as it suggests the possibility of the U.S. entering into another military conflict in the region. President Trump has poured cold water on this suggestion so far, with his measured response to the incident, while standing up to hawks in his own party such as Senator Lindsey Graham of South Carolina.

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