Lockheed Martin (LMT), the largest manufacturer of military defense systems and other non-defense government systems, is a buy for the total return growth and income investor. Lockheed Martin has steady growth and has plenty of cash, which it uses to expand its product line and buy back shares. I received a lot of comments from my previous article on Raytheon (RTN) that mentioned LMT, so I decided to take a look and found another great military defense company. The company is being reviewed using The Good Business Portfolio guidelines, my IRA portfolio of good business companies that are balanced among all styles of investing.
When I scanned the five-year chart, Lockheed Martin has a great chart going up and to the right for five years. The latest small dip in 2018 has created a buying opportunity for this solid growth investment.
READ FULL ARTICLE HERE