Curtiss-Wright: Buy On Hot Combination Of Nuclear, Defense And Commercial Aerospace
Portfolio Pulse from
Curtiss-Wright Corporation's stock has surged 80% since November 2023, driven by growth in aerospace, defense, and commercial nuclear sectors. Q1 2024 earnings showed a 10% revenue increase, with strong performance in Defense Electronics and Naval & Power. The company raised its 2024 guidance, expecting 7-9% revenue growth.
January 21, 2025 | 7:15 pm
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POSITIVE IMPACT
Curtiss-Wright Corporation's stock has significantly outperformed the market, with an 80% increase since November 2023. The company reported a 10% revenue increase in Q1 2024, driven by strong growth in Defense Electronics and Naval & Power segments. Despite margin challenges, the company raised its 2024 financial guidance, expecting 7-9% revenue growth.
Curtiss-Wright's stock has shown strong performance due to growth in key sectors. The company's Q1 2024 earnings report showed a 10% revenue increase, and it raised its 2024 guidance, indicating confidence in continued growth. This positive outlook is likely to drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100