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Lockheed Martin Corporation (LMT)

NYSE - Nasdaq Real Time Price. Currency in USD
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347.71+0.27 (+0.08%)
As of 12:14PM EST. Market open.
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  • G
    Gerry
    I agree with Tiktaq. You have to believe that Cathy Woods and her ARK funds have a "following". They believe in her and will pour money into her space ETF. LMT does not need this catalyst at their current valuation and a 3% dividend. LMT is going much higher, heck even the analyst that downgraded it yesterday put a $400 price on the shares which was a 20% upside from the $342 price at the time.
  • G
    Gerry
    Goldman Sach's comments to clients in December 2020

    "Over the last several years, Lockheed Martin's backlog has substantially outgrown the rest of the industry, supporting the growth outlook for the foreseeable future. The company has exposure to Department of Defense priority buckets, and consistently executes well. Even if the end market growth rate slows, we expect continued strong fundamentals, with compounding earnings and cash flows."
  • T
    Tiktaq
    You know what LMT holders? Cathie Wood's ARKQ picked LMT in their holdings yesterday. It will be bounced up in 2 months by at least 20%. Mark my word.
  • R
    Rusty0601
    it seems something weird happened yesterday. I noticed that investors seem to recognize value for the first time in 10 months. if LMT can close over 340, it could quickly be into the 370s. it just needs to break out of that bottom.
  • P
    Paul
    Bought 2 call contracts for Jan 21 2022 at 330 strike when LMT was around $330-$335. This will make lots of money thanks to Cathy Woods and LMT being a solid business
  • G
    Gerry
    Folks.....remember how this works. The new space ETF (ARK) from Cathy Woods is first funded with the "big boys" to start the fund. It's not trading yet!! Once the fund starts trading, then the action starts. As an example lets say that LMT has a 5% position in the fund and a NEW $100M comes into the fund.......then Cathy has to go into the market and buy $5M worth of stock. I do not know the initial trade date. GLTA
  • O
    Ole
    This stock caught my attention today... Still have to do a lot of research but what i’m seeing at this moment looks like a solid business which is undervalued in this extremely overvalued market. I like to see those p/e at normal levels. Their dividend is also really sweet at 3% and with some history of heavy increases. First time looking at a stock that’s associated with the military. I’m not from the states so i am scratching my head here... What will the effect of the Dems having control of all the three branches of the government have on this stock..?

    I’m relatively new to the stock markets but i try following the ‘buffet’ method and not follow all those hype stocks like Tesla
    (English is not my main language)
  • A
    Aiiight Joe
    This will go to the Moon and Mars!
    Way sexier than TSLA!

    Lockheed Martin-Built Orion Spacecraft is Ready for its Moon Mission
    NASA's Orion spacecraft is ready for its mission to the Moon. Lockheed Martin (NYSE:LMT) has completed assembly and testing of the Orion Artemis I spacecraft and has transferred possession to NASA's Exploration Ground Systems (EGS) team today. Assembled at Kennedy Space Center, the EGS team will then perform final preparations on the spacecraft for its mission to the Moon later this year.

    Orion is NASA's new human-rated exploration-class spaceship that will take astronauts into deep space including the Moon and Mars. Lockheed Martin is the prime contractor for NASA and built the crew module, crew module adaptor and launch abort system. The European Space Agency provides the European Service Module for Orion.
  • A
    Aiiight Joe
    All analysts are in agreement this is way oversold!

    "(MT Newswires) -- Lockheed Martin (LMT) has an average rating of outperform and price targets ranging from $368 to $500, according to analysts polled by Capital IQ."
  • G
    Gerry
    Hey guys I am not one for predictions and seldom do this but I am going to go out on a limb here and say that todays price of $333.32 is close if not THE low. With a week and a half to earnings I am doubling my position here.
  • D
    D
    LMT won't stay down forever. I am accumulating, great discounts on the stock amd longer term hold. Always has been a solid stock. Once we see rotations out of technology, they'll come back into LMT.
  • b
    blake
    I started adding some more Lockheed again, I was heavy into defense stock but I feel like Lockheed itself is a good buy, I see a big rebound coming
  • D
    D
    Build it and they will come. LMT sure doing alot of building and keeping busy. :)
  • S
    SeongHo David
    even Ark invest is buying LMT...
    Something looming? I hope not.
  • C
    Christopher
    How is a company that went down because of covid, that was profitable and achieved growing revenues through covid, going down more after the world recovers from covid

    While companies that make no money, and have shrinking revenue due to covid, are still shrinking revenues and still making no money and are going up despite being destroyed by the effects of covid
  • L
    Lyon
    just got in. I hope its a good point of entry
  • e
    ed
    Lmt was downgraded to neutral from buy by Baird this AM. Funny downgrade at these levels.... but they were bullish above $400?
  • G
    GPSIIR
    Sadly, did what it always does, gains lots in the morning then gives all of it up by the end of the day.
  • b
    bernie
    I am a long term holder of stock. LMT continues to drop for some reason, so the Corp continuing to buy back shares is, in my view, a good move - especially at these prices. I am reinvesting the substantial dividend $$ in more stock, which I think is a good move at these prices.
  • D
    D
    This stock is massively oversold. There are a lot of posts expressing concern about the dems winning both Ga senate seats. Even if that happens (which I think is unlikely) this stock can still do well. It doubled during the 8 years under Obama and if you want Tesla type returns you shouldn't be here anyway. You should be using this stock as a steady defensive investment that will pay a steady dividend and be more valuable 5years from now