NYSE:LMTAerospace & Defense
Has Lockheed Martin (LMT) Already Priced In Defense Budget Tailwinds After Strong Share Gains?
For readers wondering whether Lockheed Martin at around US$615 per share still offers value, or if most of the easy gains are behind it, this article walks through what the current price may be implying.
The stock has given investors a 23.9% return year to date and 43.3% over the last year, with a 90.0% return across five years. However, the past 7 days and 30 days show declines of 1.8% and 4.9% respectively.
Recent headlines have focused on Lockheed Martin's role in global defense programs...