Since March of this year, Lockheed Martin (#LMT) has been struggling to earn back its stock gains. Before the #stock market sell-off in March, Lockheed Martin shares were trading at all time highs near $440. Now shares are trading at $353, which is -20% away from highs.
Lockheed Martin is the largest defense contractor in the U.S. and in the entire world. The company makes military equipment such as helicopters, planes, missiles, and armored vehicles. In October of this year the company also decided to increase its dividend and is now paying a yield of 2.94%. Is now the time to buy Lockheed Martin shares?
--------------------------------------------------------------------------------------------
Open a Webull account and receive two FREE stocks:
https://act.webull.com/vi/9ocWmFolwOu...
Create a FREE TradingView account to monitor your portfolio positions:
https://www.tradingview.com/gopro/?sh...
--------------------------------------------------------------------------------------------
Follow me on Twitter to get real-time trade ideas and updates:
https://twitter.com/FinancialMovers
Visit the Financial Movers website:
https://www.financialmovers.com
Like me on Facebook to show your support:
https://www.facebook.com/Financialmov...
Follow me on Instagram to see financial posts and ideas:
https://www.instagram.com/financialmo...
--------------------------------------------------------------------------------------------
Thank you to Lockheed Martin's website for the photo of CEO James Taiclet:
https://www.lockheedmartin.com/en-us/who-we-are/leadership-governance/board-of-directors/james-taiclet.html
Lockheed Martin is the largest defense contractor in the U.S. and in the entire world. The company makes military equipment such as helicopters, planes, missiles, and armored vehicles. In October of this year the company also decided to increase its dividend and is now paying a yield of 2.94%. Is now the time to buy Lockheed Martin shares?
--------------------------------------------------------------------------------------------
Open a Webull account and receive two FREE stocks:
https://act.webull.com/vi/9ocWmFolwOu...
Create a FREE TradingView account to monitor your portfolio positions:
https://www.tradingview.com/gopro/?sh...
--------------------------------------------------------------------------------------------
Follow me on Twitter to get real-time trade ideas and updates:
https://twitter.com/FinancialMovers
Visit the Financial Movers website:
https://www.financialmovers.com
Like me on Facebook to show your support:
https://www.facebook.com/Financialmov...
Follow me on Instagram to see financial posts and ideas:
https://www.instagram.com/financialmo...
--------------------------------------------------------------------------------------------
Thank you to Lockheed Martin's website for the photo of CEO James Taiclet:
https://www.lockheedmartin.com/en-us/who-we-are/leadership-governance/board-of-directors/james-taiclet.html
- Category
- MILITARY
Commenting disabled.