ATTENTION Investors and Finance Professionals: If you are reading this you should sign up for ValuEngine's award-winning stock valuation and forecastservice at the low price of $19.95/month! NO OBLIGATION, 14 Day FREE TRIAL! CLICK HERE November 30, 2010 Defense is the Best Offense? NOC, $NOC, Defense Aerospace Giant Northrop Grumman Leads Short- Term Quality Screen Today, we screened our entire database of more than 5000 stocks trading on US exchanges in an effort to find the best of the best. We used criteria of market price > $3.00, volume > 100k shares/day, composite score > 700, and one-month forecast ranking > 98. This sort of screen brings out big market cap stocks with good forecasts, valuation, p/e ratios, etc. We only got 14 results from this screen, and 13 of them were ranked "Strong Buy." Near the top of our list was the Northrop Grumman Corporation (NOC). ValuEngine has issued a STRONG BUY recommendation for Northrop Grumman on Nov. 30, 2010. Based on the information we have gathered and ourresulting research, we feel that Northrop Grumman has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE company size, volatility and P/E ratio. Based on available data as of Nov. 30, 2010, we believe that NOC should be trading at $69. This makes NOC 1 1.28% undervalued. Fair Value indicates what we believe the stock should be trading at today if the stock market were perfectly efficient and everything traded at its true worth. For NOC, we base this on actual earnings per share (EPS) for the previous four quarters of $6.06, forecasted EPS for the next four quarters of $6.45, and correlations to the 30- year Treasury bond yield of 4.15%. Northrop Grumman Corporation is a high technology company providing innovative solutions in systems integration, defense electronics and information technology for its U .S. and international military, government and commercia l customers, as a prime contractor, principal subcontractor, team member or preferred supplier. Subscribers can check out the latest figures on Northrop Grumman from our models HERE
