Lockheed Martin (LMT)

Doesn't see anyone killing the F-35 program.

He hates to say this, but the world will remain a violent place. 

He bought it because he wanted defence exposure. Unfortunately, the world will demand defense (Middle East, Ukraine, BRIC). LMT's order book for fighter jets is strong. He bought a small position, because the valuation is high--he bit the bullet. He will add on weakness. Their last report showed signs of life in the margins, now that supply chain problems are gone.

Has done well. Good backlog of contracts. Leader. Lots of innovation. Earnings growth in next little while might be a bit weaker. 22x forward earnings. Outcome of US election might sway strength of the stock one way or another. Bit expensive.

A reasonable defensive company given world tensions. This will help their order book as defense budgets climb. Trades at a low 17x PE. A decent stock. He prefers RTX, because it also has an aerospace business in addition to defence, which is a hedge.

The stock has been a dog, BUT pays a 3% dividend and run by a decent CEO.

Q4 EPS and revenue beat estimates but revenue declined by 0.6% year-over-year which was cause for concern and provides reasoning to LMT's pullback. There is definitely increased demand for defense contractors which should benefit LMT in the future, however the decline in sales offset that sentiment. Forecasts suggest modest revenue and EPS growth next year. We think despite the drop in revenue in Q4, LMT should continue to perform steadily, and looks to be good value with forward price-to-earnings ratio now coming down to 16.4x. 
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Demand for products not going away (defense spending) with global tensions and war. Excellent brand name. Would recommend holding shares. R&D very strong at company. Good for long term investors. 

Geopolitics now will encourage governments to spend more on defence. The Ukraine war has persistent so long that there will need to be rebuilding of weapons stockpiles. That could make LMT interesting to own, and the market could allow a higher PE.

He just sold it, stopped out. Their price action was horrible. If their is increase in demand spending, it will take a long time to reach the bottom line of LMT.

Shows a downward, mediocre trend, unable to hold previous highs. It popped yesterday on the Israel-Hamas news and this could push it up further, but he's skeptical about the chart

Run by a good CEO, but shares are down because the market expects Washington to spend less on defence. A well-run company and shares are cheap.

Would wait to buy shares.
Quality company - but trading expensive.
Demand for defense products not going away.
Better names to invest in - prefers Raytheon.
Defensive name for investors. 

Unfortunately, a good dynamic in defense with a war going on. Defense spending is increasing, and the benefit from this type of spending is not going away. This name would be a good way to play that.

5 segments within business - has solid diversification. 
50% of business with US government.
Defensive name that is good long term hold.
Current share price high - would wait for shares to fall.