The Latest Breaking News from Northrop Grumman

With a hawkish Fed and rising recession risk, there are very few areas for investors to find outperformance. One option is defense & aerospace stocks as these companies' revenues are pretty insulated from economic or monetary policy. Read on to find out why Lockheed Martin (LMT) and Northrop Grumman (NOC)…

The Dow Jones Industrial Average dived 600 points Thursday on another hot inflation report in the Labor Department's producer price index.

Dow Jones futures were higher, as U.S. oil prices crashed below $96 a barrel. A key inflation report is due out early Wednesday.

Gianni Di Poce is an analyst at The Mercator, a research company dedicated to the study of economic and financial market trends.

Northrop Grumman headlines five stocks that are near or just above buy points, with the mettle to withstand a recession.

Northrop Grumman (NYSE:NOC) has outperformed the market over the past 10 years by 11.65% on an annualized basis producing an average annual return of 22.31%. Currently, Northrop Grumman has a market capitalization of $74.50 billion.

President Biden pledged more aid to Ukraine, lifting defense stocks, notably Northrop Grumman. The IBD Stock Of The Day stock topped buy points.

Stocks dived Thursday as a mild recession may now be the best-case scenario. The major indexes are nearing a key support level.

The Dow Jones Industrial Average dived Thursday after Wednesday's Fed-fueled gains. Tesla stock skidded after hiking most of its U.S. prices.

Northrop Grumman (NYSE:NOC) has outperformed the market over the past 20 years by 3.4% on an annualized basis producing an average annual return of 10.27%. Currently, Northrop Grumman has a market capitalization of $70.48 billion.

The Dow Jones Industrial Average rose Wednesday ahead of the Federal Reserve's rate decision. The 10-year Treasury yield slid.