|Last Update: 05/23/13 - 4:00 PM EDT|
|YTD Performance: 15.93%|
|Previous Close: $106.49|
|52 Week Range: $80.14 - $107.93|
|Oustanding Shares: 320,405,322|
|Market Cap: 34,280,165,401|
|Qtr (06/13)||Qtr (09/13)||FY (12/13)||FY (12/14)|
|Number of Analysts||13||12||14||13|
|Growth Rate (Year over Year)||-7.66%||-0.64%||6.36%||0.07%|
Like other defense names, the stock is overheating.
Lockheed Martin Annual Shareholder Meeting - 11:30AM
LMT was upgraded from Sell to Hold, Drexel Hamilton said. $90 price target. Defense budget cuts were not as bad as expected.
Threatening talk from North Korea should keep U.S. defense spending steady.
The aerospace stock looks fairly valued, but the CEO expects it to gain altitude.
Defense Stocks have lagged in 2013 but Raytheon will likely soon raise its dividend, says Portfolio Manager David Peltier.
Programs that were expected to move stocks up or down have not done so.
Come back in 34 months and we will see how close my prediction came.
These trades offer a crucial lesson as to the risks occasionally inherent in dividend-capture trading.
Two domestic exploration and production names that scream 'buy me' are Devon and Southwestern.