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The buy-and-hold strategy serves as the biggest source of wealth creation in the markets. However, it requires research and high conviction to hold through the good and bad times.
Zacks.com users have recently been watching Lockheed (LMT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Lockheed Martin (LMT) reachead $430.43 at the closing of the latest trading day, reflecting a +0.29% change compared to its last close.
The world is a volatile place. Over the past few years, we've seen Russia invade Ukraine, various violent acts in the Middle East, and mounting tensions around Taiwan's political status.
It's a wild ride without a doubt but if you want the possibility of robust upswings, space stocks may be the way to go. Fundamentally, it seems that everyone's attention is turned toward the stars.
Lockheed (LMT) reported earnings 30 days ago. What's next for the stock?
In the closing of the recent trading day, Lockheed Martin (LMT) stood at $427.55, denoting a +0.77% change from the preceding trading day.
Lockheed Martin's recent performance has lagged behind the S&P 500, but has still returned 243% over the past ten years.
Defense demand is robust right now, but long-term demand is still dependent on political decision making. Lockheed Martin is struggling to meet its F-35 delivery targets, and finding it hard to aggressively grow profit margins.
Michael Williamson, president of Lockheed Martin International, discusses how it's addressing supply challenges and says it aims to find "additional suppliers outside of the U.S." to "reduce the fragility that we see in the marketplace."