Lockheed Martin (LMT) - Long-term buy and Hold OppLockheed Martin IMO is ridiculously under priced. They ended 2020 with record setting sales of $65.4 billion which is an 9% improvement from their 2019 $59.8 billion worth of sales.
Mind you, they increased their sales by 9% in the year of the pandemic.
In addition, my technicals are displaying over sold conditions and I'm primed and ready to throw more cash their way.
#BmoreWealthy
LOM trade ideas
$LMT with a bearish outlook following its earnings #BeststocksThe PEAD projected a slight bearish outlook for $LMT after a negative under reaction following its earnings release placing the stock in drift D
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LMT - Biden Admins Arms Sales Freeze...Shake It Off!LMT
12day, Weekly, Daily Set-up
ENTRY = 320
add = 305-266
1st Target = 354
2nd Target = 375
3rd Target = 400
HODL Target = 440+
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2degreez
Possible LMT Entrance PointThe entire defense industry has been underbought in the post-Covid market, particularly Lockheed Martin.
Although LMT's predominant customer is the United States, Lockheed maintains relationships with over 40 countries around the globe. The F-35 program is guaranteed to provide the company with a significant stream of revenue for the coming decades, and the US government is already conceptualizing a 6th generation fighter to supersede/compliment the F-35 program - a project which LMT is sure to take part of. LMT also maintains a diversity of other products that are regularly sold and require maintenance.
Military expenditures have only risen globally, and the United States still maintains a $707 billion military budget for 2021 amid a global economic recession. Biden has made it clear that he does not plan on drastically reducing the military budget, and even if he does, he will face pushback and it will likely be increased in the next administration. Ratios seem to be less relevant in the current market, but LMT is currently operating at a PE ratio of 14.31 - below the SPY. As tech gets more expensive, investors will likely rotate into more reasonably priced industries such as defense.
LMT seems to be holding at the 200 EMA on the 5-year window - a pretty good entrance point. If you believe that it will break through support, the trend line might be a potential area for a reversal.
Let me know if I missed anything.
Lockheed Martin - Great Buying Opportunity LMT is getting pressure downwards however I am bullish on the company and stock. I believe the stock is currently undervalued considering the Biden administrations policies and what it would mean for defence stocks. This price level has supported the stock price and I believe it will breakout upwards from the descending resistance line. Either way, considering the support line, it is a good reward for risk to buy the stock with a SL below the support zone.
LMT: Descending Channel - LONG SETUPLockheed Martin Corp
The price broke out from a descending channel and related this with all the other criteria that I am observing possibilities are very high for an upward movement again.
Targets:
$364
$377.46
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LMT long 1. Downtrend wedge
2. Trend line break and retest on daily chart ;
3. BB midline on daily chart ;
4. touch EMA20;
5. Increased volume
6. support zone 333.33-324.68
Risk: under EMA 50/100/200 ( bearish )
Buy: 346
Target: 396.13
Stop: 330
BUY +1 BUTTERFLY LMT 100 18 JUN 21 390/420/440 CALL @1. 40
Break Even Stock Prices : 391.4
Max Profit $2,860.00
Max Loss $140.00 (not including possible dividend risk)
This is published only for learning purpose.
Lockheed Martin (LMT)LMT dividend yield is above average at 2.9% and has been increased for 19 years in a row and is the largest manufacturers of military defense systems sold in the United States and foreign countries. Maybe the election hurt it with the Dems who historically spend less on defensewe belive that the next earnings call on 26 Jan. will help to shed some light. Earnings expected at 6.41 USD per share. "A" rating from S&P. And so now ask yourself if you believe that the US will spend less dollars in the upcoming years with China already waiting in their front yard.