3 Defense Stocks to Monitor as Trump Settles In

Group 1: Lockheed Martin Corp (LMT) - Lockheed Martin stock has gained over 14% in the last 12 months but has declined nearly 20% from its record high of $618.95 on October 21, currently trading at $496.22, with the $500 level acting as a potential pivot point [2] - The company secured a $270 million contract with the Air Force for integrating infrared sensors into F-22 Raptors, and is set to report fourth-quarter earnings on January 28 [3] Group 2: RTX Corp (RTX) - RTX shares are currently trading at $126.19, up 1.5%, and are close to their record high of $128.70 from October 22, with a year-over-year gain of 41% [4] - Citigroup upgraded RTX to "buy" from "neutral" and raised its price target to $154 from $132, indicating potential for further upgrades as 12 of 23 analysts maintain "hold" ratings, with a consensus 12-month price target of $133.13 [5] Group 3: General Dynamics Corp (GD) - General Dynamics stock is down 15.6% from its record high of $316.90 on November 13, currently trading at $267.32, and is facing pressure at its declining 50-day moving average [6]