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  • Saturday, April 20, 2024

December 12 Morning Report: GovCon Index Registers 6th Straight Weekly Gain as Defense Stocks Continue Post-Election Rally


Executive Mosaic’s GovCon Index closed Friday up 0.476 percent to 90.426, with gainers outnumbering laggers by a 2-to-1 ratio, as the climb of defense stocks continues following the election of Donald Trump.

McKesson Corp. (NYSE: MCK) was the GCI’s top net advancer while Science Applications International Corp. (NYSE: SAIC) was the top percentage performer as the Index saw its sixth consecutive weekly gain with a 14.75-percent increase over that period.

S&P 500 composite index rose 6.26 percent over six weeks and hit an all-time record Friday of 2, 259.53 for its fifth straight weekly advance.

Market Summary

Index Value Net Change % Change
GovCon Index 90.426 +0.428 +0.476%
S&P 500  2, 259.53 +13.34 +0.59%
Dow Jones Industrial Average 19, 756.85 +142.04 +0.72%
NASDAQ 5, 444.50 +27.14 +0.50%
Advancing GovCon Index Issues 19
Declining GovCon Index Issues 10
Unchanged GovCon Index Issues 1

Top GovCon Index Net Performers

Symbol Company $ Current Price Net Change ▴ % Change
MCK McKesson Corp. * 146.25 +2.91 +2.03%
SAIC SAIC 88.65 +2.74 +3.19%
GD General Dynamics * 175.39 +1.72 +0.99%
BA Boeing * 156.49 +1.10 +0.71%
OA Orbital ATK 87.88 +0.72 +0.83%

Top GovCon Index Percentage Performers

Symbol Company $ Current Price Net Change % Change ▴
SAIC SAIC 88.65 +2.74 +3.19%
MCK McKesson Corp. * 146.25 +2.91 +2.03%
KBR KBR 17.60 +0.23 +1.32%
MANT ManTech International 45.49 +0.53 +1.18%
EGL Engility Holdings 38.90 +0.39 +1.01%

Lowest GovCon Index Net Performers

Symbol Company $ Current Price Net Change ▾ % Change
HRS Harris Corp. * 105.51 -0.40 -0.38%
GIB CGI Group 47.04 -0.32 -0.68%
COL Rockwell Collins 94.37 -0.31 -0.33%
BAH Booz Allen Hamilton 37.70 -0.19 -0.50%
VEC Vectrus 24.19 -0.15 -0.62%

Lowest GovCon Index Percentage Performers

Symbol Company $ Current Price Net Change % Change ▾
GIB CGI Group 47.04 -0.32 -0.68%
VEC Vectrus 24.19 -0.15 -0.62%
BAH Booz Allen Hamilton 37.70 -0.19 -0.50%
CAE CAE 14.57 -0.07 -0.48%
HRS Harris Corp. * 105.51 -0.40 -0.38%

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