LMT - Lockheed Martin: Buy Sell or Hold?
2023-10-22 07:27:00 ET
Lockheed Martin 's (NYSE: LMT) latest presentations highlight the puts and takes from investing in the stock. There's a case for buying and a case for selling the stock, and it's somewhat nuanced on either side. In that line of thought, here's a brief look at each side of the story so you can decide before putting money to use in the stock.
Given the heightened geopolitical tension in the world right now, there's no shortage of interest in military spending. That's the case whether it's based on replenishing equipment provided in existing conflicts or procuring equipment for future defense needs. Indeed, Lockheed Martin continues to grow its backlog, now at $156 billion.
Data source: Lockheed Martin presentations. Chart by author.
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Lockheed Martin: Buy, Sell, or Hold?