Why Investing $5,000 in Lockheed Martin Stock Today Might Just Be a Brilliant Move
I can't resist a Rocky movie -- whether our hero is battling Apollo Creed, Clubber Lang, or Victor Drago, there's nothing like cheering Rocky as he gets off the mat, steps forward, and wins it for Adrian or Mick.Right now, I feel like Lockheed Martin (NYSE: LMT) is the defense stock equivalent of The Italian Stallion. Lockheed had a rough second quarter, taking $1.6 billion in charges that pushed earnings way down. The stock is essentially flat so far this year and is down 15% from a year ago.But to put it in Rocky film parlance, this fight's not over. Lockheed Martin stock has a lot left in the tank and gives me the "Yo, I didn't hear no bell" swagger.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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