Lockheed Martin Stock Loses 16% in 3 Months: Time to Hold or Fold?

Shares of Lockheed Martin Corp. (LMT) plunged 16.1% in the past three months, underperforming the Zacks Aerospace-Defense industry’s decline of 7.2% and the broader Zacks Aerospace sector’s loss of 3.9%. It also lagged the S&P 500’s return of 5.6% during the same time period.Image Source: Zacks Investment ResearchOn the contrary, a stellar performance has been offered by other aerospace manufacturers, such as Boeing (BA) , Airbus Group (EADSY) and Embraer (ERJ) , whose shares have witnessed a surge of 18.7% ...