Recently, Zacks.com users have been paying close attention to Lockheed (LMT). This makes it worthwhile to examine what the stock has in store.
Defense stocks to keep on watch in the stock market today.
The stock's valuation reflects a positive outlook on its growth prospects. The defense sector offers investors a steady, reliable stream of income.
NASA picks LMT to develop and build the GeoXO Lightning Mapper instruments for NOAA.
In the most recent trading session, Lockheed Martin (LMT) closed at $565.18, indicating a -0.05% shift from the previous trading day.
Investors interested in LMT should refrain from buying the stock right now, considering its premium valuation. However, its upbeat estimates and strong backlog remain major growth catalysts.
LMT is set to procure sustainment spares and provide repair support of aircraft components for the VH-92A helicopter.
Lockheed Martin (LMT) concluded the recent trading session at $572.92, signifying a +0.53% move from its prior day's close.
LMT's three additional TPY-4 radars are to be acquired by the NDMA to fulfill the requirements and safeguard Norway's security.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Lockheed Martin Corporation (NYSE:LMT ) Morgan Stanley 12th Annual Laguna Conference September 12, 2024 3:15 PM ET Company Participants Jim Taiclet - Chairman, President & CEO Jay Malave - CFO Conference Call Participants Kristine Liwag - Morgan Stanley Kristine Liwag Hello. Good afternoon, everyone.
Watching the stocks billionaires are buying isn't a bad investment strategy.