Great International Stocks: Elbit Systems (ESLT)
Elbit Systems (ESLT) is an Israeli company that sells its products and services to the defense and aerospace industries.
ESLT operates across a wide swath of the defense industry, including areas like command and control communications systems, intelligence, surveillance and reconnaissance systems as well as unmanned aircraft systems. ESLT products are used in military aircraft and helicopter systems, helmet-mounted systems as well commercial aviation systems and aero structures.
ESLT has posted three consecutive earnings surprises and analysts have been raising their estimates for 2014 during the last two months. Portfolio Grader upgraded ESLT stock to an “A” in December, and the stock is a “strong buy” at the current price.
Louis Navellier is the editor of Blue Chip Growth.