HomeMarketsEarningsDemand Muscles Strength for Defense Stocks Despite LMT Sell-Off

Demand Muscles Strength for Defense Stocks Despite LMT Sell-Off

Lockheed Martin (LMT) became the worst performer on the SPX after it posted over $1.6 billion in pre-tax losses in earnings. Despite the setback, Frances Stacy says shares are "on sale." A triple bottom in the stock, combined with geopolitical risk make the stock a buy, according to Frances. Tony Bancroft adds that demand for the company's F-35 jet will only accelerate.

The Watch List

22 Jul 2025

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