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Lockheed Martin Case Summary

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Lockheed Martin (LMT) Shares Have Further Upside Albeit Hitting New Records
Lockheed Martin (LMT) shares had rallied significantly in the last three years on the back of its solid market penetration in Aerospace & Defense industry. LMT’s stock price spiked almost 22% since the start of this year, extending three-year rally to 87.68%. It’s higher than expected results for the third quarter this year and Trump’s win also added to the recent rally.
In the last month alone, LMT’s share price soared almost 11%, thanks to new presidents’ military and defense expansion policies. Lockheed’s stock price is currently trading around $264 a share, after hitting a record share price of $265 a share in the recent week.
Nevertheless, Lockheed Martin’s stock

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