Lockheed Martin Q3 FY12/25 Earnings Review
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Approaching A Stall?
by Alex King, CEO, Cestrian Capital Research, Inc.
Lockheed Martin stock, it is fair to say, has ripped upwards of late. This has been driven more by capital rotation into defense names than it has by fundamentals. Q4 earnings is due next week. If you own the stock you may want to raise some stop-loss levels or take otherwise protective action to counter any weakness that may ensue. Let’s take a look at the state of play as of Q3 numbers, and the latest stock chart together with our rating on the name.