Lockheed Martin

LMT-N

NYSE:LMT

434.89
2.28 (0.52%)
Lockheed Martin is an American global aerospace, defense, security and advanced technologies company with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta in March 1995.
More at Wikipedia

Analysis and Opinions about LMT-N

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
January 20, 2020

The defence industry has performed well in the past year, but he prefers Raytheon/UTX (see past picks and Raytheon). LMT's problem is the fighter jet program's huge cost overruns as well as the American government's belligerence towards its trading partners.

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Lockheed Martin (LMT-N)
January 20, 2020

The defence industry has performed well in the past year, but he prefers Raytheon/UTX (see past picks and Raytheon). LMT's problem is the fighter jet program's huge cost overruns as well as the American government's belligerence towards its trading partners.

TOP PICK
TOP PICK
January 8, 2020
Defence will continue to do well given rising defence spending in American and globally. LMT has a great aircraft modernization business and missile defence business. They enjoy better topline growth vs. peers. Free cash flow growth will allow acquisitions. Defence companies will do well in the coming years. (Analysts’ price target is $409.05)
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Lockheed Martin (LMT-N)
January 8, 2020
Defence will continue to do well given rising defence spending in American and globally. LMT has a great aircraft modernization business and missile defence business. They enjoy better topline growth vs. peers. Free cash flow growth will allow acquisitions. Defence companies will do well in the coming years. (Analysts’ price target is $409.05)
BUY
BUY
November 20, 2019
He has owned LMT for a long time as a play into aerospace defense stocks. There are countless sector charts that look like this, testing support and now surging again. The stock looks great here.
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Lockheed Martin (LMT-N)
November 20, 2019
He has owned LMT for a long time as a play into aerospace defense stocks. There are countless sector charts that look like this, testing support and now surging again. The stock looks great here.
DON'T BUY
DON'T BUY
September 3, 2019
18.4x PE, so not badly overvalued, but he's not chasing it either. The price has run up. Uncertainty will creep into this stock. LMT is recession-proof, and geopolitics have in fact helped LMT. But he's reluctant to step in.
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Lockheed Martin (LMT-N)
September 3, 2019
18.4x PE, so not badly overvalued, but he's not chasing it either. The price has run up. Uncertainty will creep into this stock. LMT is recession-proof, and geopolitics have in fact helped LMT. But he's reluctant to step in.
BUY
BUY
August 15, 2019
Defence industry is a good place to be. Good momentum. Defence spending increasing. Great projects coming through. Not a high multiple. One of the better players in the market right now. Great company. He'd buy it at these levels. Cost-cutting will produce leverage in next little while.
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Lockheed Martin (LMT-N)
August 15, 2019
Defence industry is a good place to be. Good momentum. Defence spending increasing. Great projects coming through. Not a high multiple. One of the better players in the market right now. Great company. He'd buy it at these levels. Cost-cutting will produce leverage in next little while.
COMMENT
COMMENT
August 6, 2019

He has recommended defense stocks for years. He would rather buy Lockheed instead of Raytheon. The aerospace and defensive sector will be strong.

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Lockheed Martin (LMT-N)
August 6, 2019

He has recommended defense stocks for years. He would rather buy Lockheed instead of Raytheon. The aerospace and defensive sector will be strong.

PAST TOP PICK
PAST TOP PICK
July 31, 2019
(A Top Pick May 10/19, Up 7%) Industrials are negative in the summer, but segments of it do well including LMT. April 11-August 28 is seasonality. Too late to take advantage of this though, so don't chase it now.
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(A Top Pick May 10/19, Up 7%) Industrials are negative in the summer, but segments of it do well including LMT. April 11-August 28 is seasonality. Too late to take advantage of this though, so don't chase it now.
TOP PICK
TOP PICK
July 2, 2019
Defence spending is rising globally. Their EPS has been growing at 15% annually over the last five years. Great products are coming through (planes, missiles) for U.S. defence. They have a lot of free cash flow. Good growth ahead. (Analysts’ price target is $369.55)
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Defence spending is rising globally. Their EPS has been growing at 15% annually over the last five years. Great products are coming through (planes, missiles) for U.S. defence. They have a lot of free cash flow. Good growth ahead. (Analysts’ price target is $369.55)
TOP PICK
TOP PICK
May 10, 2019
This is another summer defensive play. April - August is the optimal time to own. Tends to move higher when the market is very volatile. Not as prone to pressure as some of the other political footballs. Yield is 2.58%. (Analysts’ price target is $366.74)
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This is another summer defensive play. April - August is the optimal time to own. Tends to move higher when the market is very volatile. Not as prone to pressure as some of the other political footballs. Yield is 2.58%. (Analysts’ price target is $366.74)
COMMENT
COMMENT
March 6, 2019
Not a bad name, and he likes aerospace/defence. Also, geopolitical tensions remain in the world (i.e. North Korea and Russia). LMT is good, but you can also look at Raytheon which focuses on cyber and missile defence; also have heavy international exposure. Also look at the ITA ETF.
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Not a bad name, and he likes aerospace/defence. Also, geopolitical tensions remain in the world (i.e. North Korea and Russia). LMT is good, but you can also look at Raytheon which focuses on cyber and missile defence; also have heavy international exposure. Also look at the ITA ETF.
DON'T BUY
DON'T BUY
January 31, 2019
The US defense industry is not a cheap sector. He wouldn't be there.
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Lockheed Martin (LMT-N)
January 31, 2019
The US defense industry is not a cheap sector. He wouldn't be there.
DON'T BUY
DON'T BUY
September 5, 2017

He is going to steer clear of adding to his positions. It seems to be the most obvious choice because of the geopolitical concerns and Mr. Trump in the White House, but the price reflects all that. He is very leery of paying 25X earnings for an industrial company like this. Thinks it has gone too far and too quickly.

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Lockheed Martin (LMT-N)
September 5, 2017

He is going to steer clear of adding to his positions. It seems to be the most obvious choice because of the geopolitical concerns and Mr. Trump in the White House, but the price reflects all that. He is very leery of paying 25X earnings for an industrial company like this. Thinks it has gone too far and too quickly.

COMMENT
COMMENT
June 5, 2017

Has been very favourably disposed to this area. The stocks in this area are all very expensive. If you look at the geopolitical environment we are in now, the US doesn’t want to be the policeman or watchdog of the world. Feels the wind is at your back in the sector. You want to go with the major players, including Lockheed, Northrop Grumman (NOC-N), Raytheon (RTN-N).

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Has been very favourably disposed to this area. The stocks in this area are all very expensive. If you look at the geopolitical environment we are in now, the US doesn’t want to be the policeman or watchdog of the world. Feels the wind is at your back in the sector. You want to go with the major players, including Lockheed, Northrop Grumman (NOC-N), Raytheon (RTN-N).

COMMENT
COMMENT
May 23, 2017

The defence sector is the epitome of the sector he tries to find where there is something changing for the better. You can get an acceleration in cash flows, which means not only can you get growth in earnings and cash flow, but a multiple expansion over time. Defence sector is starting to grow after about 10 years of declining. Not only does it give you long-life contracts with lots of visibility, but you also have stuff inside these companies that you never hear about. (See Top Picks.)

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The defence sector is the epitome of the sector he tries to find where there is something changing for the better. You can get an acceleration in cash flows, which means not only can you get growth in earnings and cash flow, but a multiple expansion over time. Defence sector is starting to grow after about 10 years of declining. Not only does it give you long-life contracts with lots of visibility, but you also have stuff inside these companies that you never hear about. (See Top Picks.)

COMMENT
COMMENT
May 17, 2017

The big aerospace company and defence contractor. One of the things on the Trump agenda is to spend a lot of money on defence, and the thought was that companies like this were going to do very well. On the other hand, there are a lot of people in Congress who are talking about bad US military spending, and that the buying process is broken. He would be cautious.

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The big aerospace company and defence contractor. One of the things on the Trump agenda is to spend a lot of money on defence, and the thought was that companies like this were going to do very well. On the other hand, there are a lot of people in Congress who are talking about bad US military spending, and that the buying process is broken. He would be cautious.

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