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Lockheed Martin Stock Hits New 52-Week High as the Greenland Crisis Heats Up
Yahoo Finance· 2026-01-20 17:05
Core Insights - Lockheed Martin (LMT) is the largest defense contractor globally, valued at $134 billion, serving defense, space, homeland security, and cybersecurity needs for both government and commercial customers [1] Stock Performance - LMT has gained 19.42% since a new "Buy" signal was issued on December 15, indicating strong momentum [2] - The stock reached a new 52-week high of $586.85 on January 20, with shares up nearly 20% over the past year [5] - LMT has a Weighted Alpha of +27.70 and a Relative Strength Index (RSI) of 75.75, indicating strong technical performance [6] Technical Indicators - Barchart maintains a 100% "Buy" technical opinion for Lockheed Martin, supported by consistent price appreciation and a Trend Seeker "Buy" signal [5][6] - The stock recently traded at $578.06, with a 50-day moving average of $484.88, and has seen 14 new highs with a 21.95% gain in the last month [6] Financial Metrics - Lockheed Martin has a trailing price-earnings ratio of 19.8x, with analysts projecting a 2.35% decrease in earnings for 2025, followed by a 6.4% increase in 2026 [7]