LMT - Harris: Buy This Military Company For Total Return And Growth
Harris (HRS), one of the largest manufacturer for communications equipment and other government markets, is a buy for the total return and conservative income investor. Harris has steady growth and has plenty of cash, which it uses to expand its product line and buy bolt-on companies. Harris is scheduled to merge with L-3 Systems mid-year 2019. 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.
When I scanned the five-year chart, Harris has a great chart