A Prudent Investment in Lockheed Martin: An Analysis from a Portfolio Manager’s Vantage
Indeed, Lockheed’s last quarter was marred by a rather spectacular $1.6 billion debacle – a tumble that has left earnings gasping for breath, much like the eponymous character whose very existence is contingent upon a robust comeback. Stock performance thus far in the year can best be described as lackluster; a veritable flatline, and a steep 15% decline from twelve months prior. Yet, I maintain my belief that the narrative is far from over; in Lockheed, I perceive a similar stirring of vigor as one might find in the moments leading up to a climactic battle.