Lockheed Martin: Buy On Conservative Outlook

12/7/20

By Dhierin Bechai, SeekingAlpha

Lockheed Martin Q3 results showed why it's a nice name to own during the pandemic.

Company has guided up for 2020.

Share price appreciation has been dampened by soft 2021 outlook.

Pressure on defense budgets is there, but it should be noted that Lockheed Martin tends to guide conservatively.

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