Lockheed Martin: Robust Backlog Points To Sustained Growth

Andy_Oxley/iStock Editorial via Getty Images Record backlog My goal for this article is to argue for a buy thesis on Lockheed Martin (NYSE:LMT). I will argue that the stock presents a solid buying opportunity considering the demand for its products with all the ongoing geopolitical conflicts, the record backlog reported in 2023 Q4, and also the attractive P/E. The many geopolitical tensions around the globe could lead to increased defense spending, directly benefiting LMT. And this is reflected in the recor ...