EBITDAtiger

LMT should benefit from defense bill

Panjang
NYSE:LMT   Lockheed Martin Corporation
LMT's jet is specifically mentioned in the bill which should result in a large sum sale to boost their profits. This is a good long term hold as well as a good trade short-term for the recently passed defense bill via congress overturning Trump's veto. RTX, which is Raytheon and united technologies combined in a merger, both organizations have had longstanding relationships with the military.

I see LMT returning to recent highs which makes for a pretty decent trade and it could recover further for those that go long.

Penafian

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