ARNC - Buy Lockheed Martin: Dividend Increase In September Share Buybacks And Increasing Military Budget Are Strong Tailwinds
Lockheed Martin (LMT), the largest manufacturer of military defense systems and other non-defense government systems, is a buy for the total return growth and the income investor. The company has steady growth and has plenty of cash, which it uses to expand its product line and buy back shares. The company is being reviewed using The Good Business Portfolio guidelines, my IRA portfolio of good business companies that are balanced among all styles of investing. LMT is 0.8% of my portfolio, and the only regret I have is I did not buy a