LMT trade ideas
LMT for the Long-Term -- Time to Fly AgainTime and time again LMT has been a stellar stock.
Now, let's start with why they may be down over the last few months:
- Plane sales are declining due to COVID -- great, they're about to bounce back, look at BA for comparison
- Democrats in office - okay, but have they ever actually decreased military spending drastically? I think LMT will be just fine under a Biden admin
Long Term Potential:
- Jets: F-35 program is great! New F-16 maintenance contract for 64B, amazing!
- Space: Even without the AJRD acquisition (which could still happen), LMT has >20% revenue related to space
Fundamentals:
- PE of 13.91
- EV/EBITDA of 11.18
- Market Cap of ~94B over an annual revenue of 65.4B (1.43x) -- Revenue grew >9% despite COVID (2020/2019) whereas the stock fell from ~410 to ~360 in 2020 alone (~12%)... it's now down from ~440 COVID high to ~340 now (~23%)
- 3.10% yield
- 1.39 quick ratio
- Earnings in late January missed (barely) and we went down to ~320, but I think we're ready to bounce and to get out of here. We're at ~340 now... plenty of room to set a new lower high and to change momentum to the bulls
Technical:
- Who cares?! We've been going down... a lot... but we've gone down so much that fundamentals are back in play!
- We're seeing some downward pressure / resistance, but I read that we are now consolidating on Long-Term support
- Weekly RSI <40; Monthly RSI <50
- Weekly MACD is lower than the COVID low
Conclusion:
If LMT goes below 300, call me wrong, but based on both fundamentals and technical, this seems like an amazing opportunity to buy for the long-term. Let's aim for ~440 or ~420 (pre or post COVID highs respectively) and then even higher from there!
LHX starting to move higher, like LMT to followCruiselines airlines and defense all trade together, LMT should start moving with the rest, i like LMT sept calls here
$LMT | Falling Wedge Breakout$LMT broke out of a bullish falling wedge. Watch for continuation to the upside.
LockHeed Martin Corp: Technical set up.I like to use the Gann box for this stock, because this indicator has worked so well consistently. As you can see from the chart the reversal may have begun or may drop one more time before heading for $420. Don't miss this. Like and share this chart with all your friends so they can benefit from this analysis. Thank you.
Lockheed Martin SetupLockheed is a very interesting defensive play here - there isn't much I would be buying in this market, however I think if we can get $325~ on LMT it would be a great R/R for a longer term Call option play, or straight shares.
Lockheed Martin (LMT) - Long-term buy and Hold OppLockheed Martin IMO is ridiculously under priced. They ended 2020 with record setting sales of $65.4 billion which is an 9% improvement from their 2019 $59.8 billion worth of sales.
Mind you, they increased their sales by 9% in the year of the pandemic.
In addition, my technicals are displaying over sold conditions and I'm primed and ready to throw more cash their way.
#BmoreWealthy
looking for a combo 13$LMT is a fundamentally sound company. The price is getting more attractive. I will time it probably with a combo 13.
$LMT with a bearish outlook following its earnings #BeststocksThe PEAD projected a slight bearish outlook for $LMT after a negative under reaction following its earnings release placing the stock in drift D
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LMT not buying till $300Weekly RSI still over 30. Need it to come down more. Deep in the box before start buying.
LMT closing under the 50 month MA :oLMT finished the week by closing below the 50 month. Will be interesting to see what kind of effect that will have.
LMT - Biden Admins Arms Sales Freeze...Shake It Off!LMT
12day, Weekly, Daily Set-up
ENTRY = 320
add = 305-266
1st Target = 354
2nd Target = 375
3rd Target = 400
HODL Target = 440+
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This content is for informational, educational and entertainment purposes only. This is not in any way, shape or form financial or trading advice.
Good luck, happy trading and stay chill,
2degreez
Possible LMT Entrance PointThe entire defense industry has been underbought in the post-Covid market, particularly Lockheed Martin.
Although LMT's predominant customer is the United States, Lockheed maintains relationships with over 40 countries around the globe. The F-35 program is guaranteed to provide the company with a significant stream of revenue for the coming decades, and the US government is already conceptualizing a 6th generation fighter to supersede/compliment the F-35 program - a project which LMT is sure to take part of. LMT also maintains a diversity of other products that are regularly sold and require maintenance.
Military expenditures have only risen globally, and the United States still maintains a $707 billion military budget for 2021 amid a global economic recession. Biden has made it clear that he does not plan on drastically reducing the military budget, and even if he does, he will face pushback and it will likely be increased in the next administration. Ratios seem to be less relevant in the current market, but LMT is currently operating at a PE ratio of 14.31 - below the SPY. As tech gets more expensive, investors will likely rotate into more reasonably priced industries such as defense.
LMT seems to be holding at the 200 EMA on the 5-year window - a pretty good entrance point. If you believe that it will break through support, the trend line might be a potential area for a reversal.
Let me know if I missed anything.
LMT:The price did a perfect retestAfter the price broke out of an descending channel we can see also a perfect retest. Chances are higher for an upward movement.
Thank you and Good Luck!
Lockheed Martin - Great Buying Opportunity LMT is getting pressure downwards however I am bullish on the company and stock. I believe the stock is currently undervalued considering the Biden administrations policies and what it would mean for defence stocks. This price level has supported the stock price and I believe it will breakout upwards from the descending resistance line. Either way, considering the support line, it is a good reward for risk to buy the stock with a SL below the support zone.
