Did he ever buy any shares of $LMT-1.2% yesterday? Almost 5% is a good drop for such a company.
Lockheed Martin
LMTMarket Cap
110B
P/E
20.77
Div. Yield
2.75%
EV
128B
P/S
1.55
Payout
57.33%
Lockheed Martin actually lowered its full-year forecast for F-35 deliveries due to delays at supplier L3Harris Technologies, which has held up development of an upgraded version of the aircraft
I've been thinking about it a lot. It's a great company. Still, I'm missing a little more margin of safety here.
Well, I don't own them, but the way I look at it, I think there's a move to even lower prices...