Northrop Grumman (NOC): Is This Dividend Stock Trading at a Discount?

Northrop Grumman Corporation (NYSE:NOC) has been under pressure. The stock is down about 17% year-to-date, compared with a 39% gain for the Insider Monkey Billionaire Index. The selloff raises an important question: has the pullback created an attractive entry point for investors seeking exposure to this best aerospace dividend stock? NOC ranks third on our list of best dividend aerospace stocks to buy, but which other stocks beat it to the top? Improving Growth Outlook The selloff comes against a backdrop of solid financial results that underscore underlying growth. After a 10% quarter-over-quarter revenue growth in the second quarter, management raised full-year sales and earnings guidance, suggesting it expects growth momentum to continue.