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The path to building lasting wealth through dividend investing requires identifying companies that combine sustainable payout ratios with consistent dividend growth. This strategy allows investors to benefit from both rising income streams and the potential for capital appreciation over time.
Lockheed (LMT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Lockheed (LMT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
LMT's unit, Rotary and Mission Systems, secures a modification contract involving the AEGIS combat system.
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LMT's unit, Rotary and Mission Systems, secures a modification contract to support the MH-60S aircraft program.
In the closing of the recent trading day, Lockheed Martin (LMT) stood at $484.46, denoting a +0.27% change from the preceding trading day.
Geopolitical tensions have surged, driving defense budgets up and benefiting companies like Lockheed Martin, which I rate as a buy for its project backlog. Lockheed Martin's reliance on government defense contracts ensures revenue stability, making it a resilient choice in uncertain economic and market conditions. Despite inflation and supply chain issues, Lockheed Martin's expanding backlog and positive guidance trends support its long-term growth potential.
Lockheed Martin saw a significant price drop due to unmet Q3 expectations and issues with the F-35 program, but remains a strong buy. LMT's robust contracts, including a $3.2 billion deal with the US Air Force, and consistent dividend increases make it attractive for long-term investors. Despite the new government's potential negative impacts, LMT's profitability and valuation ratios are favorable, and its strategic projects for 2025 show promising growth.
Deutsche Bank downgraded Lockheed Martin stock due to concerns over China's 6th generation fighter jet, but I believe these concerns are overblown. Over 1,000 F-35s have already been built, and shifting funding to the F/A-XX would risk U.S. capabilities and increase costs. The timelines for the F-35 and NGAD align, making it unlikely that the U.S. would drastically cut F-35 funding for a risky development.