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Lockheed Martin Corporation (LMT): A Bull Case Theory

We came across a bullish thesis on Lockheed Martin Corporation (LMT) on Substack by Steve Wagner. In this article, we will summarize the bulls’ thesis on LMT. Lockheed Martin Corporation (LMT)'s share was trading at $459.65 as of Jan 30th. LMT’s trailing and forward P/E were 20.60 and 16.86 respectively according to Yahoo Finance.

[caption id="attachment_516191" align="aligncenter" width="750"] Copyright: scanrail / 123RF Stock Photo[/caption]

Lockheed Martin (LMT) faced a sharp stock drop after reporting disappointing fourth-quarter earnings, with EPS plunging to $2.22 from...