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  5. HII: You recently responded to a request for defense companies with six suggestions. [Horizons Cdn Insider Index ETF]
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Q: You recently responded to a request for defense companies with six suggestions. How would you view Huntington Ingalls against this group?

Thanks very much

Mike
Asked by Michael on January 04, 2024
5i Research Answer:

We would have little to be critical of with HII. The growth rate at low-single digits is offset by the valuation in the 15X P/E range. The fundamentals are strong and the company has a focus on more of the navy/ships side of defense.

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