Pick Huntington Ingalls Stock For 20% Gain

Pick Huntington Ingalls Stock For 20% Gain

After dropping to the lows of $153 in March 2020, the shares of Huntington Ingalls (NYSE: HII) have recovered a substantial portion of their lost value. Given a stable financial performance during the pandemic and strong order backlog of $48 billion, Trefis believes that the stock has more room for growth. Huntington Ingalls HII is the largest military ship building company in the U. S. With the Department of Defense as a prime customer, the company is engaged in many high-priority defense programs. Notably, the government and commercial customers contributed 97% and 3% of total revenues, respectively. Our interactive dashboard analysis highlights Huntington Ingalls' stock performance during the current crisis with that during the 2008. recession. Timeline of 2020 Crisis So Far: Given the company's stable financial performance, a huge order backlog, and consistent shareholder returns, Trefis believes that the stock has more room for growth. Led by MIT engineers and Wall Street analysts, Trefis (through its dashboards platform dashboards. trefis. com) helps you understand how a company's products, that you Led by MIT engineers and Wall Street analysts, Trefis (through its dashboards platform dashboards. trefis. com) helps you understand how a company's products, that you touch, read, or hear