NYSE:LMTAerospace & Defense
Is It Too Late To Consider Lockheed Martin (LMT) After A 40% One Year Rally?
Investors may be wondering whether Lockheed Martin's share price still offers value after a strong run, or if most of the upside is already reflected in the stock.
The stock closed at US$642.28, with a return of 29.2% year to date and 40.2% over the past year, even though the last 7 and 30 days show small declines of 1.1% and 1.6%.
Recent market attention has focused on Lockheed Martin's role as a major aerospace and defense contractor. Contracts and defense spending trends are often cited...