Monday, July 9, 2007

Goodrich Corporation

Goodrich Corporation is among the world’s largest Aerospace and Defense sector businesses in the world.  Goodrich Corporation’s employees generate $380.4M in profits on $6.043B of revenue.  Global output in the Aerospace and Defense business will likely rise substantially over the next 10 years.  Long-term economic growth may lift all boats, but Goodrich Corporation is determined to remain a market leader.  Sectoral leadership in the Aerospace and Defense segment takes dedication and consistency, but management seeks out-sized growth.

Goodrich Corporation’s ticker symbol GR has recently been trading near $60.82 a share.  The Goodrich Corporation corporate headquarters in Charlotte NC predicts Aerospace and Defense profits will satisfy shareholders in search of risk-appropriate returns.

The significance of market volume is sometimes ignored, but with a total market capitalization of $7.613B ensures sufficient liquidity.  With a beta of 1.10, the company is more volatile than the market as a whole.  When the average equity moves higher, Goodrich Corporation moves more aggressively.

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