GD's current price exceeds its calculated fair value, signaling an overvaluation and a potential sell opportunity.
Jump to any passage
The next one would be General Dynamics. Now General Dynamics tracked earnings pretty well. There was a time you could have bought it really inexpensively when earnings were kind of weakening.
This is when defense spending was being cut and then as defense spending accelerated the company's earnings growth accelerated with it and so we started to see the stock then moving into overvaluation periods.
Would you sell it here? The question is it depends on your own tolerance for risk. Now in this case I'm looking at a stock here that's trading at $359. And if I got here more than two years, the fair value theoretically would only be $299.
So this would indicate a sale for me or at least the sell watch if I was if I had owned the stock when it was more fairly valued.
What this channel has said about $GD
FAST Graphs has only this one call on this stock.