Lockheed Martin (LMT) Buy, Sell or Hold

Lockheed Martin (LMT)

511.00

+0.05 (0.01%)

as of Jun 18, 2026, 11:34:04 pm Market Open.

110 watching

TOP PICK

Global defense spending will increase, and this will not change with Biden's win. Trades at 14x earnings. Lots of growth prospects. In the sweet spot. Western countries need to upgrade their militaries. Will continue to increase dividends and buy back shares. Free cashflow will be high over next several years. Yield is 2.95%. (Analysts’ price target is $430.10)

Wealthica Track your Stocks in your Watch List

BUY

Defence stocks under Biden Defence does well under either Democrats or Republicans, so Biden shouldn't be a worry. LMT has a fine CEO, though he didn't speak about the space division during the last conference call which worries him. He prefers L3Harris though.

BUY

The Democrats have a history of spending on defence, actually, something to remember if Biden wins the Nov. 3 vote. It reports tomorrow. A very good company.

BUY

One of the best in defence. They just beat numbers. The F35 and missile defence are their two keys areas, both offering a lot of growth. There's a backlog, so there's a lot of visibility in revenue. They'll continue to beat numbers.

PAST TOP PICK

(A Top Pick Jul 02/19, Up 1%) He still owns this and likes the defense sector. They have a $144 billion in back log orders and that will continue to grow. He thinks global defense spending will continue to grow. Aircraft and missile spending continues to grow. Operations a creating $23 billion of cash in the next three years. This allows for M&A and for dividend growth. It trades at 14 times earnings -- not expensive. Yield 3.2%

BUY

In a sweet spot, as defence spending will go up. Pressure to increase payments to NATO. LMT's suite of products is what people need, and this is where spending will go.

BUY ON WEAKNESS

LMT vs. MA Both have done well recently. MA is warning it's being affected by coronavirus. Both really good businesses. LMT can be affected by the election. If Trump gets back in, LMT will probably do pretty well. Buy LMT on weakness. For MA, it's been on a rocket for the last 5 years, and it's breaking a bit here with the warning and technical selling. So he'd wait on it, but long-term it's a good business.

WAIT

Trades at 16x, with a 9% growth rate. Not bad, but he'd look at some other names. Chart moved down to 200-day moving average, which might provide support. Election later this year may bring volatility and uncertainty.

Wealthica Track your Stocks in your Watch List

PAST TOP PICK

(A Top Pick Jul 02/19, Up 21%) Sweet spot in the defence area. Defence spending going up globally. Pressure on NATO to increase spending. Likes it at these levels and would buy it here.

DON'T BUY

The defence industry has performed well in the past year, but he prefers Raytheon/UTX (see past picks and Raytheon). LMT's problem is the fighter jet program's huge cost overruns as well as the American government's belligerence towards its trading partners.

TOP PICK

Defence will continue to do well given rising defence spending in American and globally. LMT has a great aircraft modernization business and missile defence business. They enjoy better topline growth vs. peers. Free cash flow growth will allow acquisitions. Defence companies will do well in the coming years. (Analysts’ price target is $409.05)

BUY

He has owned LMT for a long time as a play into aerospace defense stocks. There are countless sector charts that look like this, testing support and now surging again. The stock looks great here.

DON'T BUY

18.4x PE, so not badly overvalued, but he's not chasing it either. The price has run up. Uncertainty will creep into this stock. LMT is recession-proof, and geopolitics have in fact helped LMT. But he's reluctant to step in.

BUY

Defence industry is a good place to be. Good momentum. Defence spending increasing. Great projects coming through. Not a high multiple. One of the better players in the market right now. Great company. He'd buy it at these levels. Cost-cutting will produce leverage in next little while.

COMMENT

He has recommended defense stocks for years. He would rather buy Lockheed instead of Raytheon. The aerospace and defensive sector will be strong.

Showing 46 to 60 of 107 entries

Most Recent Experts

Stockchase Insights

5i Research

Brian Acker, CA

Acker Finley Inc.

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase

David Burrows

Barometer Capital Management

Jim Cramer - Mad Money

CNBC

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Summer Sale

Lockheed Martin (LMT)