Is Huntington Ingalls Industries, Inc. (HII) the Best Defense Dividend Stock to Buy?
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Huntington Ingalls Industries, Inc. (NYSE:HII) is highlighted as one of the top defense dividend stocks to buy. Citigroup initiated coverage with a Buy rating and a $376 price target. Analysts have a Moderate Buy consensus with a $331.33 average target, indicating a 6% downside. The company, a major dividend payer, increased its quarterly dividend to $1.38 per share. Recently, it was selected by the U.S. Navy to design a new ship class, boosting shares by 5%. Despite its potential, some suggest AI stocks may offer better upside.
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