March 15, 2012#KillirGuestPost written by @Wesley_Harr ~~~~ 2/15/12 #WesWords ~~~~ Northrop Grumman (NOC) is a global defense and aerospace contractor. The stock has been fighting its way through overhead resistance since November currently working on resistance around the $62.25 area. A break and subsequent close above the $62.25 area brings the $63.75 area in focus with a $66.00 target above that. This is a name that has underperformed the rest of the defense space and I would not be surprised to see it play some catch up. Stock yields 3.22 percent which adds to my interest.
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