November 21 Morning Report: GovCon Index Posts 2nd Straight Weekly Gain Amid Defense Stock Outlook

November 21 Morning Report: GovCon Index Posts 2nd Straight Weekly Gain Amid Defense Stock Outlook


GovConIndexUPExecutive Mosaic’s GovCon Index recorded a 0.134-percent or 0.117-point increase Friday to 87.249 to register its second consecutive weekly gain as investors continue to have a positive outlook on defense stocks compared to healthcare and other sectors.

GCI gainers outnumbered laggards Friday with L-3 Communications (NYSE: LLL) as the best net performer and Leidos (NYSE: LDOS) the top percentage performer.

Twenty of the Index’s 30 companies posted gains for the week with AECOM (NYSE: ACM) the largest percentage advancer overall and CSRA (NYSE: CSRA) the best percentage performer among the 11 S&P 500-listed companies.

Market Summary

IndexValueNet Change% Change
GovCon Index87.249+0.117+0.134%
S&P 500 2, 181.90-5.22-0.24%
Dow Jones Industrial Average18, 867.93-35.89-0.19%
NASDAQ5, 321.51-12.46-0.23%
Advancing GovCon Index Issues17
Declining GovCon Index Issues13
Unchanged GovCon Index Issues0

Top GovCon Index Net Gainers

SymbolCompany$ Current PriceNet Change –´% Change
LLLL-3 Communications*152.20+2.23+1.49%
RTNRaytheon*146.04+1.08+0.75%
BABoeing*146.35+1.02+0.70%
GDGeneral Dynamics*166.62+0.99+0.60%
LDOSLeidos Holdings48.36+0.81+1.70%

Top GovCon Index Percentage Gainers

SymbolCompany$ Current PriceNet Change% Change –´
LDOSLeidos Holdings48.36+0.81+1.70%
NAVNavistar International29.00+0.45+1.58%
CAECAE14.48+0.22+1.54%
LLLL-3 Communications*152.20+2.23+1.49%
CUBCubic Corp.49.25+0.45+0.92%

Lowest GovCon Index Net Performers

SymbolCompany$ Current PriceNet Change –¾% Change
MCKMcKesson Corp.*140.05-1.43-1.01%
HONHoneywell International*112.09-1.01-0.89%
HIIHuntington Ingalls Industries176.12-0.79-0.45%
COLRockwell Collins87.79-0.64-0.72%
ACMAECOM36.70-0.51-1.37%

Lowest GovCon Index Percentage Performers

SymbolCompany$ Current PriceNet Change% Change –¾
ACMAECOM36.70-0.51-1.37%
CSRACSRA*31.67-0.41-1.28%
MCKMcKesson Corp.*140.05-1.43-1.01%
BAESYBAE Systems29.31-0.29-0.98%
HONHoneywell International*112.09-1.01-0.89%

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