Lockheed Martin Corporation (LMT) has been highlighted as a top long-term stock pick by Louis Navellier, attracting more investors. Companies such as Sanibel Captiva Trust Company Inc., Verity & Verity LLC, Arkadios Wealth Advisors, Wedge Capital Management L L P NC, and others have increased their positions in Lockheed Martin. However, firms such as Cohen Klingenstein LLC, Householder Group Estate & Retirement Specialist LLC, Financial Enhancement Group LLC, and others have cut their holdings in the company. Despite these transactions, Lockheed Martin's stock has demonstrated resilience, sometimes lagging the market and at other times gaining but not meeting market returns. The company's substantial $165 billion backlog suggests future growth potential. Reassessments from JPMorgan Chase & Co. have lowered Lockheed Martin's price target to $540. The company's
defense and aviation turbine fuels for the F-35 fleet seem promising. Despite some losses in the past three months, Lockheed Martin's bullish behavior and contributions to future dividends have continued to inspire confidence in the market. The launch of
Astris AI for defense and commercial sectors is a critical innovation and development in the company's operations. Institutional owners hold 74% of the company.
Lockheed Martin Corp LMT News Analytics from Wed, 11 Sep 2024 07:00:00 GMT to Sat, 18 Jan 2025 15:50:07 GMT -
Rating 6
- Innovation 7
- Information 6
- Rumor 0
