These 5 Stocks Are Soaring Today

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1. General Dynamics Corporation (NYSE:GD) has gained 3.41% as of 12:10 PM ET after Reston, Virginia-based aerospace and defense corporation reported a 3.1% increase in profit during Q1 2022. The Gulfstream jet maker saw the demand for private air travel rise during the COVID-19 pandemic. Companies like General Dynamics Corporation (NYSE:GD) have increased their production to capitalize on the strong demand for private jets. General Dynamics Corporation (NYSE:GD) delivered 25 Gulfstream business jets during the quarter. Revenue was posted at $9.4 billion and outperformed analysts’ estimates of $9 billion. Meanwhile, EPS was reported at $2.61 and was 10 cents higher than the analysts’ forecast.

Overall, 48 hedge funds held General Dynamics Corporation (NYSE:GD) as of Q4 2021.

You can also take a peek at the 10 Biotech Penny Stocks with Growth Catalysts and 10 Stocks to Buy According to Canyon Capital Advisors.

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