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mgiuliani
Jan 14, 2021 12:14 PM

Lockheed Martin (LMT) Long

Lockheed Martin CorporationNYSE

Description

LMT dividend yield is above average at 2.9% and has been increased for 19 years in a row and is the largest manufacturers of military defense systems sold in the United States and foreign countries. Maybe the election hurt it with the Dems who historically spend less on defensewe belive that the next earnings call on 26 Jan. will help to shed some light. Earnings expected at 6.41 USD per share. "A" rating from S&P. And so now ask yourself if you believe that the US will spend less dollars in the upcoming years with China already waiting in their front yard.
Comments
Balthazar55
I would also look at the back orders and recent orders booked. This is a strong company with a lot on the books. I think that the Perception that Dems spend less Rep plays more of a head game role in the decline of defense stocks then it should. I would agree that having China in our face will increase Defense spending. I think it will be much more discretionary though.
Investroy
Will make sure to check your analysis often from now on. Keep it going, man
mgiuliani
@Investroyllc, Thank you Sir, thanks for the compliment, much appreciated.
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