LMT : A retail trap Hey friends, hope your having a good day. LMT has been gaining alot of attention mainly from retail traders. There are 2 possible scenarios. Bearish because It's currently at a major structure of resistance, retailers are aping into the stock and macd looks bearish. And theres bullish because it has formed a double bottom. Im leaning more towards to the bearish scenario myself I personally would stay away from this stock.
Have a good day ;)
LMT trade ideas
2/13/22 LMTLockheed Martin Corporation ( NYSE:LMT )
Sector: Electronic Technology (Aerospace & Defense)
Market Capitalization: 107.893B
Current Price: $396.19
Breakout price: $396.00 (hold above)
Buy Zone (Top/Bottom Range): $384.80-$369.85
Price Target: $416.00-$420.00 (1st), $434.00-$442.00 (2nd)
Estimated Duration to Target: 103-110d (1st), 211-221d (2nd)
Contract of Interest: $LMT 6/17/22 400c, $LMT 9/16/22 400c
Trade price as of publish date: $19.40/contract, $25.30/contract
Buy $LMT - NRPicks 05 NovLockheed Martin Corporation, a security and aerospace company, is engaged in the research, design, development, manufacture, integration and support of technology systems, products and services worldwide.
Revenue TTM 66B
Net Income TTM 6B
EBITDA TTM 8.7B
EBITDA margin TTM 13.5%
Debt/EBITDA TTM 1.3x
P/S 1.39
Buy $LMT - NRPicks 24 SepLockheed Martin Corporation, a security and aerospace company, is engaged in the research, design, development, manufacture, integration and maintenance of systems. It operates through: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space.
Revenue TTM 66.8B
Net Income TTM 7.1B
EBITDA TTM 10.2B
Net Margin TTM 10.8%
EBITDA margin TTM 15.3%
P/E 13.39
P/S 1.43
Dividend yield 3.2%
$LMT with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $LMT after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 40%.
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