LMT Vs. RTX Vs. NOC: One Of These 'Golden Dome' Defense Stocks Is About To Make A Golden Cross
In the high-stakes race to shape America's next-gen missile shield, Wall Street's "Golden Dome" trio – Northrop Grumman Corp (NYSE:NOC), Lockheed Martin Corp (NYSE:LMT) and RTX Corp (NYSE:RTX) – are all chasing glory.While the Pentagon's checkbook opens wide for Integrated Air and Missile Defense (IAMD), only one stock is quietly preparing for a technical breakout that could catch the Street off guard.Forget who's winning the contract battle – when it comes to the charts, Northrop Grumman is the one preparing for liftoff.Northrop Grumman (NOC): The Bearish Chart That's Hiding A Bullish SurpriseChart created using Benzinga ProOn the surface, NOC looks anything but ready to rally. This month, it's down over 10%, trading below its five, 20, 50 and 200-day simple moving averages (SMAs) – a textbook bearish picture.Its MACD (Moving Average Convergence Divergence) is negative at ...Full story available on Benzinga.com
