Lockheed Martin is organized around four core business areas.. Aeronautics, missiles and fire control, rotary / mission systems, and space.
With geopolitical volatility firing up, this stock should continue to do well and potentially break out here.
On a longer term scale (3 month candles) we're already seeing capital flight into the stock this quarter as it's working on a quarterly break out:
This is a slow mover and won't trade like others if there's a rebound in equities. But a conservative name to own with high probability/low volatility.
With geopolitical volatility firing up, this stock should continue to do well and potentially break out here.
On a longer term scale (3 month candles) we're already seeing capital flight into the stock this quarter as it's working on a quarterly break out:
This is a slow mover and won't trade like others if there's a rebound in equities. But a conservative name to own with high probability/low volatility.
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