Dividends4Life: Lockheed Martin: A Strong Pick

Lockheed Martin: A Strong Pick

Posted by D4L | Monday, April 02, 2012 | | 0 comments »

Dividend Stocks are still preferential among several analysts, but a stock with a dividend yield of 4.49% received the analyst upgrade from the previous week. Solid balance sheets and valuation persist to be the reasons behind investment agencies upgrading the value of Lockheed Martin.

Lockheed is as well positioned, given the existing political environment. There are the concerns between Iran and Israel to mull over, the latter of which is one of Lockheed's key export partners. Israel placed an order of 20 F-35s from Lockheed in October 2010 in a $2.75 billion agreement. They are anticipated to be delivered between 2015 and 2016. Domestic spending requires to be considered in addition. Lockheed has a variety of contracts in place with the US government.

Source: Guru Focus

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