Reported 2 days ago
With global defense spending expected to rise significantly in the coming decade due to heightened geopolitical tensions, Lockheed Martin (LMT) emerges as a solid investment opportunity. The company, which boasts a strong order backlog, a reasonable valuation, and a dividend yield of 2.85%, should benefit from increased defense budgets both from NATO allies and other nations like India. Despite some analysts holding mixed views on the stock, its potential for growth in an increasingly defense-oriented market makes it attractive for dividend-seeking investors.
Source: YAHOO