LMT is in focus.
It is a textbook defensive industrial play. The core bullish thesis is the massive $160B+ backlog, providing exceptional revenue visibility regardless of the macro cycle. It’s a cash flow engine generating >$6B FCF/year, fueling aggressive buybacks and a solid ~2.6% yield. With low beta and exposure to high-tech Space infrastructure, it acts as a perfect portfolio stabilizer and consistent long-term compounder.
From a technical point of view, the price of LMT moves in the accelerating uptrend, and is located slightly above the dynamic support area (the area above 20 and 50 moving averages).
The decent trade location for a trend-following long trade would occur in the area between $550 and $600
Don't forget - this is just the idea, always do your own research and never forget to manage your risk!
It is a textbook defensive industrial play. The core bullish thesis is the massive $160B+ backlog, providing exceptional revenue visibility regardless of the macro cycle. It’s a cash flow engine generating >$6B FCF/year, fueling aggressive buybacks and a solid ~2.6% yield. With low beta and exposure to high-tech Space infrastructure, it acts as a perfect portfolio stabilizer and consistent long-term compounder.
From a technical point of view, the price of LMT moves in the accelerating uptrend, and is located slightly above the dynamic support area (the area above 20 and 50 moving averages).
The decent trade location for a trend-following long trade would occur in the area between $550 and $600
Don't forget - this is just the idea, always do your own research and never forget to manage your risk!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.