Lockheed Martin Stock Hits New 52-Week High as the Greenland Crisis Heats Up

Lockheed Martin (LMT) hit a new 52-week high on Tuesday, Jan. 20. Shares are up nearly 20% over the past year. LMT maintains a 100% “Buy” technical opinion from Barchart. Shares are benefitting from a proposal to increase the U.S. defense budget and from heightened tensions surrounding Greenland. Today’s Featured Stock Valued at $134 billion, Lockheed Martin (LMT) is the largest defense contractor in the world. Its business serves various needs in defense, space, homeland security, and cybersecu ...