SAIC stock has been in the crapper since they went public.
Shame, it used to be a great company to work for.
The packaged bankruptcy of Hawker Beechcraft this week is an early example.
Given that nearly everything moves in lock-step these days, I’d say that a more complete list would include 500 of the stocks on the S&P 500 index and 30 of the stocks on the DJII.
I see absolutely no sign of cost-cutting discipline on the part of the federal government.
GD wasn’t listed in the article, however they have put a lot of funding into Gulfstream Aerospace in anticipation of the defense cuts and are doing well so far.
This casts doubt on the whole article. Hell will freeze over first.
I’m not “in” those stocks, but if a blog uses allcaps, then by God they know what they’re talking about.
Dang! I misread the headline as “socks.”